Whenever a bond is required for the protection of the corporation, letters of credit or other surety approved by the corporation may be utilized in lieu of a bond. All bonds or letters of credit shall be reviewed at least annually as to their solvency and sufficiency.
Structure Mississippi Code
Title 27 - Taxation and Finance
Chapter 115 - Alyce G. Clarke Mississippi Lottery Law
§ 27-115-3. Legislative intent
§ 27-115-25. Employment of attorney by board authorized
§ 27-115-35. Bond for protection of corporation; other surety in lieu of bond; annual review of bond
§ 27-115-41. Publication of quarterly and annual financial statements
§ 27-115-59. Lottery retailer to post bond or letter of credit
§ 27-115-85. Allocation of revenues
§ 27-115-87. Corporation division heads, employees are public servants