Title 50, Chapter 27, Section 32
( 50-27-32)
(a) The corporation may borrow, or accept and expend, in accordance
with the provisions of this chapter, such moneys as may be received
from any source, including income from the corporation's operations,
for effectuating its corporate purposes, including the payment of
the initial expenses of initiation, administration, and operation of
the corporation and the lottery. (b) Any debt of the corporation may be validated pursuant to the provisions of subsection (e) of Code Section 50-17-25, and the provisions of such subsection relating to the State Financing and Investment Commission shall be deemed to apply to the corporation. (c) The corporation shall be self-sustaining and self-funded.
Moneys in the state general fund shall not be used or obligated to
pay the expenses of the corporation or prizes of the lottery, and no
claim for the payment of an expense of the lottery or prizes of the
lottery may be made against any moneys other than moneys credited to
the corporation operating account. (d) The corporation may purchase, lease, or lease-purchase such
goods or services as are necessary for effectuating the purposes of
this chapter. The corporation may make procurements which integrate
functions such as lottery game design, lottery ticket distribution
to retailers, supply of goods and services, and advertising. In all
procurement decisions, the corporation shall take into account the
particularly sensitive nature of the state lottery and shall act to
promote and ensure security, honesty, fairness, and integrity in the
operation and administration of the lottery and the objectives of
raising net proceeds for the benefit of educational programs and
purposes. |