(a) No lottery retailer contract shall be transferable or assignable.

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Terms Used In Tennessee Code 4-51-117

  • Board: means the board of directors of the Tennessee education lottery corporation. See Tennessee Code 4-51-102
  • Contract: A legal written agreement that becomes binding when signed.
  • Person: means any individual, corporation, partnership, unincorporated association, or other legal entity. See Tennessee Code 4-51-102
  • retailer: means a person who sells lottery tickets or shares on behalf of the Tennessee education lottery corporation pursuant to a contract. See Tennessee Code 4-51-102
(b) No lottery retailer shall contract with any person for lottery goods or services except with the approval of the board.
(c) Lottery tickets and shares shall only be sold by the retailer stated on the lottery retailer certificate of authority.