KRS § 154A.070 — KY Code / Title XII / Chapter 154A / Section 154A.070
154A.070 Powers and duties of corporation's president
Status: in_force

154A.070 Powers and duties of corporation's president.

(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.