Sec. 43.
Subject to section 41(1), the money in the state lottery fund is appropriated only for the payment of prizes to the holders of winning state lottery tickets or shares, for the payment pursuant to section 32 of the liabilities to this state of holders of winning state lottery tickets or shares, for reasonable expenses of the bureau in its operation of the state lottery, for deposit in the compulsive gaming prevention fund as provided in section 41(4), and for deposit in the state school aid fund as provided in section 41(3).
History: 1972, Act 239, Imd. Eff. Aug. 1, 1972 ;-- Am. 1981, Act 40, Imd. Eff. May 13, 1981 ;-- Am. 1987, Act 55, Imd. Eff. June 22, 1987 ;-- Am. 1996, Act 95, Eff. Mar. 31, 1997 ;-- Am. 1996, Act 167, Imd. Eff. Apr. 17, 1996 ;-- Am. 1997, Act 72, Imd. Eff. July 17, 1997 Compiler's Notes: For transfer of the Bureau of State Lottery from the Department of Management and Budget to be an autonomous entity within the Department of Treasury, see E.R.O. No. 1991-2, compiled at MCL 12.161 of the Michigan Compiled Laws.Popular Name: Lottery Act
Structure Michigan Compiled Laws
Act 239 of 1972 - Mccauley-Traxler-Law-Bowman-Mcneely Lottery Act (432.1 - 432.47)
Section 432.7 - Commissioner; Qualifications; Appointment; Vacancy; Salary.
Section 432.12 - Apportionment of Revenue for Payment of Prizes; Percentage.
Section 432.13 - Reports; Monthly and Annual; Contents.
Section 432.15 - Reports, Studies, Investigations, and Recommendations.
Section 432.16 - Compulsive Gambling; Study; Toll-Free Compulsive Gaming Helpline Number.
Section 432.17 - Supervision and Administration of Lottery; Licensing of Lottery Sales Agents.
Section 432.19 - Personnel; Governmental Assistance.
Section 432.29 - Sale or Gift of Lottery Ticket to Minor; Penalty.
Section 432.31 - Ineligibility of Bureau Officers, Employees, or Relatives Thereof.
Section 432.33 - Unclaimed Prize Money; Disposition.
Section 432.34 - Repealed. 1988, Act 516, Eff. Jan. 1, 1988.
Section 432.37 - Other Penalties or Disabilities Inapplicable.
Section 432.39 - Payment of Prize to Minor; Discharge of Liability.
Section 432.43 - Appropriation of Money in State Lottery Fund.
Section 432.47 - Biannual and Special Postaudits; Authority of Auditor General.