1214

LAWS OF MARYLAND

Ch. 284

by law", is substituted for the former limited
reference to "the commission of the agent as
authorized by § 17", to reflect former Art. 88D, § 8A,
which provided for a special account for the State
lotto game. See the General Revisor's Note to this
subtitle.

Defined terms: "Agency" § 9-101
"State lottery" § 9-101

9-119. MONEY FROM LICENSED AGENTS.

(A)  DUE DATE.

EXCEPT FOR THE COMMISSION OF A LICENSED AGENT, ALL OF THE
RECEIPTS FROM THE SALE OF STATE LOTTERY TICKETS ARE DUE TO THE
AGENCY ON THE DUE DATE THAT THE AGENCY SETS.

(B)  DEPOSIT AND REPORTS.

THE DIRECTOR MAY REQUIRE ANY OR ALL LICENSED AGENTS TO:

(1)  DEPOSIT, WITH A BANK THAT THE TREASURER
DESIGNATES AND TO THE CREDIT OF   THE STATE LOTTERY FUND, ALL OF
THE RECEIPTS FROM THE SALE     OF STATE LOTTERY TICKETS LESS ANY
COMMISSION; AND

(2)   SUBMIT TO THE DIRECTOR OR A DESIGNEE OF THE
DIRECTOR A REPORT THAT:

(I)   IS IN THE FORM THAT THE DIRECTOR REQUIRES;
AND

(II)  GIVES THE INFORMATION THAT THE DIRECTOR
REQUIRES AS TO THE TRANSACTIONS IN AND RECEIPTS FROM THE SALE OF
STATE LOTTERY TICKETS.

(C)   SERVICE CHARGES.

THE AGENCY MAY IMPOSE A SERVICE CHARGE OF $25 IF THE PAYOR
BANK DISHONORS:

(1)  A CHECK THAT IS GIVEN TO THE AGENCY BY A LICENSED
AGENT; OR

(2)  AN ELECTRONIC TRANSFER OF FUNDS TO THE STATE
LOTTERY ACCOUNT FROM THE ACCOUNT OF A LICENSED AGENT FOR MONEY
RECEIVED FROM THE SALE OF STATE LOTTERY TICKETS.

(D)   INTEREST AND PENALTIES.

A LICENSED AGENT SHALL BE CHARGED:

(1) AS PROVIDED IN ARTICLE 81, § 204 OF THE CODE,
INTEREST ON THE MONEY THAT IS NOT PAID TO THE AGENCY WITHIN 10
DAYS AFTER THE DUE DATE; AND