# C.R.S. § 44-40-105: 44-40-105. Executive director - duties

> Colorado · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-105

## Section

- **Citation:** C.R.S. § 44-40-105
- **Heading:** 44-40-105. Executive director - duties
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 44 / Article 40 / Section 44-40-105

## Text

44-40-105. Executive director - duties. (1) It shall be the executive director's duty:

(a) To enter into contracts for materials, equipment, and supplies to be used in the operation of the lottery, for the design and installation of games or lotteries, and for promotion of the lottery. No contract shall be legal or enforceable that provides for the management of the lottery or for the entire operation of its games by any private person, firm, or corporation, because management of the lottery and control over the operation of its games shall remain with the state; except that management of and control over the operation of a multistate lottery shall be determined by the terms of a multistate agreement. Except for advertising and promotional contracts, when a contract other than a multistate agreement is awarded, a performance bond satisfactory to the executive director, executed by a surety company authorized to do business in this state or otherwise secured in a manner satisfactory to the state, in an amount set annually by the executive director shall be delivered to the state and shall become binding on the parties upon execution of the contract.

(b) To annually prepare and submit to the commission a proposed budget for the ensuing fiscal year, which budget shall present a complete financial plan setting forth all proposed expenditures and anticipated revenues of the division. The fiscal year of the division shall commence on July 1 and end on June 30 of each year.

## Nearby sections

- [C.R.S. § 44-40-101 44-40-101. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-101.md)
- [C.R.S. § 44-40-102 44-40-102. State lottery division - creation - location - enterprise status](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-102.md)
- [C.R.S. § 44-40-103 44-40-103. Function of division](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-103.md)
- [C.R.S. § 44-40-104 44-40-104. Director - qualifications - powers and duties](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-104.md)
- [C.R.S. § 44-40-105 44-40-105. Executive director - duties](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-105.md)
- [C.R.S. § 44-40-106 44-40-106. Contractors supplying services, equipment, or materials - gaming equipment - dis](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-106.md)
- [C.R.S. § 44-40-107 44-40-107. Licenses](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-107.md)
- [C.R.S. § 44-40-108 44-40-108. Colorado lottery commission - creation](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-108.md)
- [C.R.S. § 44-40-109 44-40-109. Commission - powers and duties - rules](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-109.md)
- [C.R.S. § 44-40-110 44-40-110. Conflict of interest](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-110.md)
- [C.R.S. § 44-40-111 44-40-111. Lottery fund - creation - definitions](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-111.md)
- [C.R.S. § 44-40-112 44-40-112. Audits and annual reports](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-112.md)
- [C.R.S. § 44-40-113 44-40-113. Prizes](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-113.md)
- [C.R.S. § 44-40-114 44-40-114. Prizes - lottery winnings offset for restitution, fines, fees, costs, or surchar](https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T44_A40_S44-40-105. Check the current official text before relying on it. Not legal advice.