Section 65IAC8-5-1. Ticket donations to nonprofit corporations

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   (a) A lottery ticket may be donated to a nonprofit corporation by designating the name of the recipient nonprofit corporation in writing on the back of the donated ticket.

  (b) If a donation is made to a nonprofit corporation under this section, the nonprofit corporation designated on the ticket becomes the owner of the ticket upon such designation and the ticket is no longer a bearer instrument.

  (c) The right to a prize on a ticket donated under this section, if any, accrues to the nonprofit corporation designated on the ticket and any and all previous bearers of the ticket relinquish all claims on the ticket. (State Lottery Commission; 65 IAC 8-5-1; emergency rule filed Sep 22, 2010, 3:36 p.m.: 20100929-IR-065100618ERA)

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