(2) The director may require a bond or an irrevocable letter of credit issued by an insured institution as defined in ORS 706.008 from any lottery game retailer in an amount specified in the Oregon State Lottery rules adopted by the commission or may purchase a blanket bond or a blanket letter of credit issued by an insured institution as defined in ORS 706.008 covering the activities of all or a selected group of lottery game retailers.
(3) No payment by lottery game retailers to the lottery for tickets or shares shall be in cash. All such payments shall be in the form of a check, bank draft, electronic fund transfer or other recorded financial instrument as determined by the director. [1985 c.2 §5(7) to (9); 1985 c.302 §5(7) to (9); 1991 c.331 §66; 1997 c.631 §476]
Structure 2021 Oregon Revised Statutes
Volume : 13 - Housing, Games, Environment
Chapter 461 - Oregon State Lottery
Section 461.010 - Definitions.
Section 461.030 - Local laws preempted; applicability of other laws; severability.
Section 461.100 - Oregon State Lottery Commission; members; duties; meetings.
Section 461.130 - Authority of commission; delegation; contracts for security services.
Section 461.140 - Annual budget report.
Section 461.150 - State lottery director; appointment; assistant directors; duties and powers.
Section 461.180 - Studies; accountability; audits; delegation.
Section 461.200 - Operation of lottery; Oregon State Lottery Responsible Gambling Code of Practice.
Section 461.210 - Security measures; ticket content; rules.
Section 461.215 - Video lottery games.
Section 461.230 - Method for determining winners; rules.
Section 461.240 - Sale price of tickets and shares; rules.
Section 461.300 - Selection of retailers; rules; contracts.
Section 461.335 - Temporary letter of authority; grounds for revocation.
Section 461.410 - Vendor disclosure for major procurements.
Section 461.430 - Contractor required to comply with applicable laws; performance bond.
Section 461.445 - Policy on payment to contractors.
Section 461.500 - Lottery to be self-supporting; allocation of revenues.
Section 461.510 - State Lottery Fund; types of disbursements.
Section 461.512 - Management of lottery moneys received by county; report on use of moneys.
Section 461.520 - Establishment of checking accounts and petty cash fund.
Section 461.540 - Administrative Services Economic Development Fund.
Section 461.543 - Sports Lottery Account; distribution of revenues.
Section 461.544 - Use of proceeds of video lottery games.
Section 461.548 - Video lottery proceeds to be treated separately from other lottery proceeds.
Section 461.553 - ODAS Economic Development Distributions Fund.
Section 461.555 - Capital Construction Trust Fund; sources; uses.
Section 461.557 - DOT Economic Development Distributions Fund.
Section 461.559 - Reversion of lottery allocations.
Section 461.560 - Taxation of sales and prizes.
Section 461.600 - Sales to minors.
Section 461.700 - Additional disclosure requirements; costs of investigation.
Section 461.715 - Holding of certain lottery prizes for child support; rules; procedure.
Section 461.725 - Enforcement officers to enforce prohibition on gray machines.
Section 461.740 - Policy on hiring by firms receiving lottery-funded benefits.