65 Ind. Admin. Code 8-5-1

Current through May 29, 2024

Section 65 IAC 8-5-1 - Ticket donations to nonprofit corporations

Authority: IC 4-30-3-7; IC 4-30-3-9

Affected: IC 4-30

Sec. 1.

(a) A lottery ticket may be donated to a nonprofit corporation by designating the name of the recipient nonprofit corporation in writing on the back of the donated ticket.

(b) If a donation is made to a nonprofit corporation under this section, the nonprofit corporation designated on the ticket becomes the owner of the ticket upon such designation and the ticket is no longer a bearer instrument.

(c) The right to a prize on a ticket donated under this section, if any, accrues to the nonprofit corporation designated on the ticket and any and all previous bearers of the ticket relinquish all claims on the ticket.

65 IAC 8-5-1

State Lottery Commission; 65 IAC 8-5-1; emergency rule filed Sep 22, 2010, 3:36 p.m.: 20100929-IR-065100618ERA

Readopted filed 11/23/2016, 9:07 a.m.: 20161221-IR-065160450RFA

Readopted filed 11/22/2022, 4:40 p.m.: 20221221-IR-065220306RFA

Readopted filed 5/26/2023, 8:01 a.m.: 20230621-IR-065230294RFA