2018 Louisiana Laws
Revised Statutes
TITLE 47 - Revenue and Taxation
RS 47:9002 - Definitions

§9002. Definitions

As used in this Subtitle, the following words and phrases shall have the following meanings unless the context clearly requires otherwise:

(1) "Corporation" means the Louisiana Lottery Corporation.

(2) "Lottery" means any game of chance approved by the corporation and operated pursuant to this Chapter.

(3) "Major procurement" means any item, product, or service in the amount of one hundred thousand dollars or more, including but not limited to major advertising contracts, annuity contracts, prize products, and services unique to the Louisiana lottery, but not including materials, supplies, equipment, and services common to the ordinary operations of a corporation.

(4) "Net proceeds" means gross lottery revenues minus amounts paid or estimated to be paid as prizes and expenses of operation of the lottery.

(5) "Person" means any individual, corporation, partnership, unincorporated association, or other legal entity.

(6) "President" means the president of the Louisiana Lottery Corporation, who shall also serve as chief executive officer of the corporation.

(7) "Retailer" means any person with whom the corporation has contracted to sell lottery tickets to the public.

(8) "Security" means the protection of information that would provide an unfair advantage to any individual involved in the operation of the lottery, protection and preservation of the integrity of lottery games and operations, as well as measures taken to prevent crimes against the corporation and its retailers.

(9) "Vendor" means any person who has entered into a major procurement contract with the corporation.

Acts 1990, No. 1045, §1, eff. Nov. 7, 1990.