(a) The Chief Financial Officer, in the Chief Financial Officer's discretion, may require lottery and daily numbers games sales agents to deposit in the Fund or a special escrow account, in the name of the Office, to the credit of the Office, which the Chief Financial Officer is authorized to establish, in institutions designated by the Chief Financial Officer that are legal for the deposit of municipal funds, all monies received by such agents from the sale of lottery and daily numbers games tickets less the amount of authorized compensation to licensed agents and prizes, if any, authorized under § 3-1314, and to file with the Board reports of their receipts and transactions in the sale of lottery and daily numbers games tickets in such form and containing such information as the Board may require.
(b) Lottery and daily numbers games sales agents shall hold in trust, for the benefit of the Office, all monies received by the agent from the sale of lottery and daily numbers games tickets until such monies are transferred to the Office. The Chief Financial Officer shall determine the amount of compensation to be paid to the sales agents and the amount of prizes to be paid by sales agents. The Chief Financial Officer shall have authority to adopt regulations to implement this section.
1981 Ed., § 2-2516.
This section is referenced in § 3-1317.