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Terms Used In Vermont Statutes Title 31 Sec. 654

  • Contract: A legal written agreement that becomes binding when signed.
  • State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See

§ 654. Interstate lottery; consultant; management

(a) The Board of Liquor and Lottery may develop and operate a lottery or the State may enter into a contractual agreement with another state or states to provide for the operation of the Lottery. Approval of the Joint Fiscal Committee and the Governor shall be required for such contractual agreements with other states.

(b) If no interstate contract is entered into, the Board shall obtain the service of an experienced lottery design and implementation consultant. The fee for the consultant may be fixed or may be based upon a percentage of gross receipts realized from the Lottery.

(c) The Board may enter into a facilities management type of agreement for operation of the Lottery by a third party. (Added 1977, No. 82, § 2, eff. April 27, 1977; amended 2018, No. 1 (Sp. Sess.), § 94.)