(a) Expenses that are reasonable and necessary to lawfully conduct games of bingo or raffles are allowable and include expenses incurred for:
(1) Advertising, including the cost of printing bingo and raffle gift certificates;
(2) Repairs to premises and equipment;
(3) Bingo and raffle supplies and equipment;
(4) Prizes;
(5) Stated rental or mortgage and insurance expenses;
(6) License fees; and
(7) Bookkeeping or accounting services.
(b) No person may be compensated for organizing, promoting, conducting, or otherwise administering a raffle or bingo event. Any such compensation is prohibited under this chapter and is not an allowable expense.
Section: Previous 23-114-502 23-114-503 23-114-504 23-114-505 23-114-506 23-114-507 NextLast modified: November 15, 2016