Connecticut General Statutes 12-807 – Duties
(a) The corporation shall:
Terms Used In Connecticut General Statutes 12-807
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Personal property: All property that is not real property.
(1) Comply with all laws, rules and regulations of the United States and the state of Connecticut;
(2) Comply with regulations, adopted by the Department of Consumer Protection in accordance with chapter 54;
(b) The corporation shall not:
(1) Sell, transfer, assign, deliver, license, grant or otherwise alienate any portion or aspect of the lottery or lottery operations, but may sell real or personal property, provided any revenue from such sale shall be remitted to the state;
(2) Take any action with respect to the introduction or modification of lottery games which would cause a violation of any compact or any memorandum of understanding or agreement from time to time in force between the state and the Mashantucket Pequot Tribal Nation or the Mohegan Tribe of Montville, Connecticut, or any future compact or agreement with a federally recognized tribe.