164.774 Kentucky Lottery Corporation to receive list of persons in default of obligations under financial assistance programs -- Withholding of prize winnings. - Kentucky Statutes

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Page 1 of 1 164.774 Kentucky Lottery Corporation to receive list of persons in default of obligations under financial assistance programs -- Withholding of prize
winnings. The Kentucky Lottery Corporation and the authority shall develop a system to allow the
Kentucky Lottery Corporation to receive on a periodic basis a list of persons declared in
default of repayment obligations under financial assistance programs in KRS Chapters
164 and 164A. The Kentucky Lottery Corporation shall withhold from a person's prize
winnings the amount of the defaulted loan and shall transfer the amount to the authority
to credit the account of the person in default. Any amount remaining after the deduction
of the loan amount shall be paid to the person. Effective: July 15, 2002
History: Created 2002 Ky. Acts ch. 236, sec. 2, effective July 15, 2002.