Section 42-61-6 Proceeds of sales - Segregated funds.

RI Gen L § 42-61-6 (2019) (N/A)
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§ 42-61-6. Proceeds of sales - Segregated funds. (a) All proceeds from the sale of lottery tickets or shares received by a person in the capacity of a sales agent shall constitute a trust fund until paid into the state lottery fund.

(b) The sales agent shall be personally liable for all proceeds; and failure to pay the lottery division moneys owed, upon demand, from the sales or misappropriation of the funds shall constitute embezzlement under § 11-41-3.

(c) The provisions of this section shall be enforced and prosecuted by the state police and the attorney general's office.

History of Section. (P.L. 1984, ch. 180, § 2; P.L. 2005, ch. 234, § 1; P.L. 2005, ch. 236, § 1.)