Short title

Legislative findings and declarations. Definitions. Georgia Lottery Corporation created; venue. Membership of board of directors; appointment; terms; filling of vacancies; conflict of interests; reimbursement for expenses; officers; quorum. Lottery Retailer Advisory Board. General duties of board of directors. Appointment of chief executive officer; compensation. General powers of corporation. Adoption by board of procedures regulating conduct of lottery games. Duties of chief executive officer. Employees; compensation; restrictions; background investigations; bonding. Disposition of lottery proceeds; budget report by Governor; appropriations by General Assembly; shortfall reserve subaccount. Participation by minority businesses. Investigation of vendors; disclosure requirements; restrictions on entry into procurement contracts. Bonding requirements for vendors; qualifications of vendors; competitive bid requirement. State-wide network of retailers; commissions; certificate of authority; qualifications of retailers; fees for outlets; re- view of activities; gifts or gratuities. 50-27-18. Retailer contracts not transferable or assignable; restriction on contracts and sales. 50-27-19. Fidelity fund for retailers; assessments.