Section 270. When prize payable over time

Latest version.

When a prize or share is to be paid over time, except for the first payment, the director may round the actual amount of the prize or share to the nearest $1,000 to facilitate purchase of an appropriate funding mechanism.

Historical Notes

Derived from Volume 19, Issue 15, eff. May 7, 2003.

Statutory Authority

§ 58.1-4007 of the Code of Virginia.

                    
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