Arkansas Code § 23-114-507 - Expenses Paid From Bingo and Raffle Account

The following items of expenses incurred or paid in connection with the conduct of games of bingo or raffles must be paid from a licensed authorized organization's bingo and raffle account if the licensed authorized organization is required under ยง 23-114-501 to maintain such an account:

(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) Bookkeeping or accounting services; and

(7) License fees.

Section: Previous  23-114-502  23-114-503  23-114-504  23-114-505  23-114-506  23-114-507  

Last modified: November 15, 2016