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Code · Kentucky · Chapter 154A — State lottery

154A.430 Computation of retailer's rental payments.

73 words·~1 min read·/ky/chapter-154a/154a-430

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

If a lottery retailer's rental payments for the business premises are contractually computed, in whole or in part, on the basis of a percentage of retail sales, and such computation of retail sales is not explicitly defined to include sales of tickets in a state- operated lottery, the compensation received by the lottery retailer from the lottery shall be considered the amount of the retail sale for purposes of computing the rental payment.
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