Connecticut General Statutes (Tax)
Conn. Gen. Stat. § 12-803
Perpetual succession. Termination
Official textcga.ct.gov
The corporation shall have perpetual succession. Such succession shall continue until the existence of the corporation is terminated by law, provided no such termination shall affect any outstanding contractual obligation of the corporation and the state shall succeed to the obligations of the corporation under any such contract. Upon termination of the corporation, its rights and properties shall pass to and be vested in the state.
(P.A. 96-212, S. 4, 32.)
History: P.A. 96-212 effective July 1, 1996.
Source: view the official text
In this chapter (32 sections)
- 12-800 · Short title: Connecticut Lottery Corporation Act
- 12-801 · Definitions
- 12-802 · Connecticut Lottery Corporation. Establishment. Board…
- 12-802a · Employee licenses
- 12-802b · Information required for licensing. Criminal history records…
- 12-803 · Perpetual succession. Termination
- 12-804 · Board of directors
- 12-805 · Officers of the corporation
- 12-806 · Purpose. Powers
- 12-806a · Regulation of activities. Approval of procedures. Testing and…
- 12-806b · Assessment of Connecticut Lottery Corporation. Payments to…
- 12-806c · Agreements with Mashantucket Pequot Tribe and Mohegan Tribe…
- 12-806d · Exclusive operation and management of lottery games. Exception
- 12-807 · Duties
- 12-808 · Transfer of lottery
- 12-809 · Performance bonds
- 12-810 · Compliance with Freedom of Information Act. Exceptions
- 12-811 · Conflict of interest
- 12-812 · Duties of president
- 12-813 · Sale of lottery tickets. Deposit of receipts. Compensation of…
- 12-814 · Lottery advertising and promotions
- 12-815 · Purchasing and contracting
- 12-815a · Vendor, affiliate, lottery sales agent and occupational…
- 12-816 · Tax exemption
- 12-817 · Jurisdiction
- 12-818 · Funding for chronic gamblers treatment rehabilitation account
- 12-829 · Deduction and withholding of delinquent taxes, penalties and…
- 12-830 · Assignment of lottery prize authorized
- 12-831 · Execution and approval of assignment
- 12-832 · Confirmation of assignment. Agreement by assignee. Further…
- 12-833 · Persons prohibited from assigning lottery prize
- 12-834 · Fee. Discharge of liability