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Can you summarize ARCO 23-115-103?
General Provisions > Definitions.
Short Summary
This section of the Arkansas Scholarship Lottery Act provides definitions for various terms used in the act. Some of the defined terms include ‘administrative expenses’, ‘administrative order’, ‘casino gambling’, ‘compensation’, ‘female-owned business’, ‘fiscal impact statement’, ‘gift’, ‘immediate family’, ‘incompetence’, ’license’, ’lobbying’, ’local government’, ’lottery’, ’lottery proceeds’, ‘major procurement contract’, ‘member of a minority’, ‘minority-owned business’, ‘multidraw screen-based lottery game’, ‘multistate or multisovereign lottery’, ’net proceeds’, ’nonlottery state educational resources’, ‘operating expenses’, ‘person’, ‘prize promotion’, ‘public official’, ‘retailer’, ‘share’, ’ticket’, ‘unclaimed lottery prize money’, ‘vendor’, ‘video lottery’, and ‘super retailer’. These definitions help clarify the meaning of these terms within the context of the act and provide a common understanding for the parties involved.
Whom does it apply to?
The Office of the Arkansas Lottery, individuals operating as retailers, vendors providing goods or services to the office under a major procurement contract, and public officials including the Governor, Lieutenant Governor, Secretary of State, Treasurer of State, Attorney General, Commissioner of State Lands, Auditor of State, and members of the General Assembly
What does it govern?
Definitions of various terms used in the Arkansas Scholarship Lottery Act
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Arkansas