154A.070 Powers and duties of corporation's president.
677 words·~3 min read·
/ky/chapter-154a/154a-070A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The president, as chief executive officer of the corporation, shall direct and
supervise all administrative and technical activities in accordance with the
provisions of this chapter and with the administrative regulations adopted by the
board. It shall be his duty to:
(a)Supervise and administer the operation of the lottery games;
(b)Employ and direct such personnel as may be necessary to carry out the
purposes of this chapter and utilize such services, personnel, or facilities of
the corporation as he may deem necessary. He may employ by personal
service contract pursuant to KRS 45A.690 to 45A.725 and compensate such
consultants and technical assistants as may be required to carry out the
provisions of this chapter. The president may, by agreement, secure
information and services as he may deem necessary from any department,
agency, or unit of state government, and shall compensate such department,
agency, or unit of state government for its services. Such agencies,
departments, or units of state government shall cooperate with the corporation
and provide such information and services as may be required by the
corporation to assure the integrity of the lottery and the effective operation of
the lottery games;
(c)Contract in accordance with the administrative regulations of the corporation
with persons to sell lottery tickets at retail. The president shall require a bond
or bank letter of credit from lottery retailers in an amount provided by
administrative regulations issued by the board;
(d)Make available for inspection by the board or any member of the board, upon
request, all books, records, files, and other information and documents of his
office and to advise the board and recommend such administrative regulations
and other matters he deems necessary and advisable to improve the operation
and administration of the lottery;
(e)Enter into any contract pursuant to KRS Chapters 45 and 45A or
administrative regulations promulgated by the board, and pursuant to KRS
154A.120, with any person, firm, or corporation for the promotion and any
operation of the lottery, or for the performance of any of the functions as
provided in this chapter;
(f)Attend meetings of the board or appoint a designee to attend on his behalf;
and
(g)On the first day of the Regular Session of the General Assembly in 1990 and
biennially thereafter, submit the proposed biennial budget of the corporation
to the Appropriations and Revenue Committee of the House of
Representatives for review and comment. The budget shall be submitted to the
Director of the Legislative Research Commission within five
(5)days of
adoption by the board for distribution to the Appropriations and Revenue
Committee of the House of Representatives for review.
(2)The president, with the approval of the board, may amend or modify the budget at
any time in any manner deemed necessary for the proper operation of the
corporation; however, each change shall be reported in writing to the board and to
the director of the Legislative Research Commission, who shall transmit a copy of
the change to the Appropriations and Revenue Committee of the House of
Representatives.
(3)Following his confirmation, and during his entire term of office, the president shall
reside in Kentucky.
(4)The president, and the board, may conduct an ongoing study of the operation and
administration of lotteries in other states or countries, of available literature on the
subject, of federal laws and regulations which may affect the operation of the
lottery, and of the reaction of citizens of this state to existing or proposed features of
lottery games, with a view toward implementing improvements that will tend to
serve the purposes of this chapter.
(5)The president also may:
(a)Require bond from corporate employees with access to corporate funds or
lottery funds, in such an amount as provided in the administrative regulations
of the board. The president may also require bond from other employees as he
deems necessary; and
(b)For good cause, suspend, revoke, or refuse to renew any contract entered into
in accordance with the provisions of this chapter or the administrative
regulations of the board.