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South Carolina Code Title 59, Chapter 150 — South Carolina Education Lottery Act

South Carolina · statute · S.C. Code tit. 59, ch. 150 · 49 active provisions

49 active provisions.

S.C. Code § 59-150-40

Commission board; member requirements; appointment; terms; quorum; functions and procedure; general membership restrictions

(A) The commission is governed by a board composed of nine members to be appointed as follows: three members must be appointed by the Governor, three members must be appointed by the President of the Senate, and three members must be appointed by the Speaker of the House of Representatives. (B) A member must: (1) be a…

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S.C. Code § 59-150-75

Authority to enter agreements for sale of multi-state lottery products; sale of tickets and products

Notwithstanding any other provision of law, the South Carolina Lottery Commission may enter into a multi-state agreement for the sale of instant game tickets, online game tickets, and related multi- state lottery products including game shows and promotional products. Procedures for ticket sales and validation, prize r…

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S.C. Code § 59-150-100

Commission employees; personnel program and compensation; conflicting financial interests; background investigation; criminal record of applicants; bond requirement

(A) The commission shall establish and maintain a personnel program for its employees and fix the compensation and terms of compensation of its employees. (B) An employee of the commission or an immediate family member of an employee of the commission must not have a financial interest in a lottery vendor doing busines…

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S.C. Code § 59-150-130

Lottery vendors; background investigation; disclosure; vendor noncompliance; criminal record; restrictions; contingency contracts

(A) In coordination with the State Law Enforcement Division, the commission shall investigate the financial responsibility, security, and integrity of a lottery vendor who is a finalist in submitting a bid, proposal, or offer as part of a procurement. To defray a portion of the expense of this investigation, each lotte…

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S.C. Code § 59-150-140

Lottery vendor performance bond; residency; public official ownership interest; resident vendor preference

(A) At the execution of the contract with the commission, a lottery vendor shall post a performance bond or letter of credit from a bank or credit provider acceptable to the commission in an amount determined by the commission for that particular bid or contract. Instead of the bond, a lottery vendor, to assure the fai…

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S.C. Code § 59-150-190

Lottery ticket sale proceeds; retailer fiduciary duty; retailer deposit; commission priority; retailer payment

(A) All proceeds from the sale of the lottery game tickets or shares constitute a trust fund until paid to the commission either directly or through the commission's authorized collection representative. A lottery retailer and officers of a lottery retailer's business have a fiduciary duty to preserve and account for l…

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