Issue Date: 1992-01-22
Revised Date: 2020-08-18

Legal Citations

Object Type

Cash — Business Regulation

Origin Date

November 5, 1991 by H.B. 54, H.J.R. 8, 72nd Leg., 1st C.S.

Description

A cash bond, surety bond, letter of credit, certificate of deposit or other security approved by the executive director shall be posted by lottery ticket sales agents to protect the state from possible losses resulting from the agent operations. Amount of the security determined by the executive director.

Due Date

At the time application is submitted.

Collecting Agencies

Note

USAS Values

Appropriation Year 25
USAS Title LOTTERY SECURITY PROCEEDS
Receipt Category 03 – Business Regulation
Receipt Type 45 – Lottery Proceeds
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 25 – NET LOTTERY PROCEEDS