Source: https://vacode.org/58.1-4006/
Timestamp: 2019-06-20 13:02:55
Document Index: 181413625

Matched Legal Cases: ['§ 58', '§ 58', '§ 58', '§ 58', '§ 58', '§ 58', '§ 58', '§ 58', '§ 58']

Powers of the Director (§ 58.1-4006)—Virginia Decoded - Virginia Decoded
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§ 58.1-4006 Powers of the Director
§ 58.1-4006
3. Require bond or other surety satisfactory to the Director from licensed agents as provided in subsection E of § 58.1-4009 and Department employees with access to Department funds or lottery funds, in such amount as provided in the rules and regulations of the Board. The Director may also require bond from other employees as he deems necessary.
4. Confer regularly, but not less than four times each year, with the Board on the operation and administration of the lottery; make available for inspection by the Board, upon request, all books, records, files, and other information and documents of the Department; and advise the Board and recommend such matters as he deems necessary and advisable to improve the operation and administration of the lottery.
10. Notify prize winners and appropriate state and federal agencies of the payment of prizes in excess of $ 600 in the manner required by the lottery rules and regulations.
11. Provide for the withholding of the applicable amount of state and federal income tax of persons claiming a prize for a winning ticket in excess of $ 5,001.
D. The Director may authorize temporary bonus or incentive programs for payments to licensed sales agents which he determines will be cost effective and support increased sales of lottery products.
1987, c. 531; 1992, cc. 422, 449; 2004, c. 630; 2006, c. 598; 2008, c. 302; 2014, c. 224.
If you’re reading this for anything important, you should double-check its accuracy—read § 58.1-4006 on the official Code of Virginia website.
Winborne v. Virginia Lottery (SCV, 06/04/09)
. . . lottery. Code § 58.1-4001; Code § 58.1-4003; Code § 58.1-4006(A). The Virginia Lottery is . . .
International Lotto Fund v. VIRGINIA LOTTERY DEPT. (District Court, E.D. Virginia, 08/28/92)
. . . Payment Free from State Withholding Tax . . .
§ 58.1-4007 Powers of the Board