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2012 Kentucky Revised Statutes
CHAPTER 154A STATE LOTTERY
154A.430 Computation of retailer's rental payments.


KY Rev Stat § 154A.430 (2012) What's This?

Download as PDF 154A.430 Computation of retailer's rental payments. If a lottery retailer's rental payments for the business premises are contractually computed, in whole or in part, on the basis of a percentage of retail sales, and such computation of retail sales is not explicitly defined to include sales of tickets in a stateoperated lottery, the compensation received by the lottery retailer from the lottery shall be considered the amount of the retail sale for purposes of computing the rental payment. Effective: December 15, 1988 History: Created 1988 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 14, effective December 15, 1988.

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