La. Admin. Code tit. 42 § XV-541
Current through Register Vol. 50, No. 9, September 20, 2024
Section XV-541 - Insolvency of RetailerA. Whenever any person or organization who receives proceeds from the sale of lottery tickets in the capacity of a retailer becomes insolvent or dies insolvent, the proceeds due the corporation from such person or his, her, or its estate shall have preference over all debts or demands.La. Admin. Code tit. 42, § XV-541
Promulgated by the Louisiana Lottery Corporation in The State Times on May 21, 1991, repromulgated LR 26:713 (April 2000).AUTHORITY NOTE: Promulgated in accordance with R.S. 47:9001 et seq.