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Session Laws, 1972
Volume 708, Page 1224   View pdf image
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1224                              Laws of Maryland                       [Ch. 365

18.    No other law providing any penalty or disability for the
sale of lottery tickets or any acts done in connection with a lottery
shall apply to the sale of tickets or shares performed pursuant to this
article.

19.    If the person entitled to a prize or any winning ticket is under
the age of eighteen years, and such prize is less than five thousand
dollars ($5,000), the director may direct payment of the prize by
delivery to an adult member of the minor's family or a guardian of
the minor of a check or draft payable to the order of the minor. If the
person entitled to a prize or any winning ticket is under the age of
eighteen years, and the prize is five thousand dollars ($5,000) or
more, the director may direct payment to the minor by depositing the
amount of the prize in any bank to the credit of an adult member of
the minor's family or a guardian of the minor as custodian for the
minor. The person so named as custodian shall have the same duties
and powers as a person designated as a custodian in the manner
prescribed by Article 93A, Sections 301 to 310 of this Code (1969
Replacement Volume) and for the purposes of this section the term
"adult member of a minor's family," "guardian of a minor," and
"bank" shall have the same meaning as in that article. The director
shall be discharged of all liability upon payment of a prize to a minor
pursuant to this section.

20.    (a) All monies received from the sale of lottery tickets or
shares, less the commission of the agent as authorized by Section 17
of this article, and any other revenues received under this article,
shall be accounted for to the State Comptroller and placed into a
special account known as the State Lottery Fund.

(b)    From the Fund, the Comptroller shall first pay for the
operation and administration of the lottery as authorized in this
article, including the expenses of the Agency as allowed in the annual
State budget. Fifty percent (50%) of the remainder of the monies
in the Fund shall be distributed as prizes to the holders of winning
tickets or shares; and the remaining fifty percent (50%) shall be
the State's share and distributed as provided in subsection (c) of
this section.

(c)    The State's share shall be accumulated in the Fund on a
calendar year basis and each twelve month share shall be placed into
the General Fund of the State. These monies shall be available as
General Fund revenues in the fiscal year which begins in the calendar
year following the year in which collected.

21.    The Legislative Auditor shall conduct a regular post-audit of
all accounts and transactions of the Agency.

22.    If any provision of this article or the application thereof to
any person or circumstance is held invalid for any reason, the in-
validity shall not affect the other provisions or any other application
of this article which can be given effect without the invalid provision
or application, and to this end all the provisions of this article are
declared to be severable.

23.    All laws or parts of laws, public general or public local, in-
consistent with the provisions of this article, are repealed to the
extent of the inconsistency.


 

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Session Laws, 1972
Volume 708, Page 1224   View pdf image
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