23 CAR § 350-126

23 CAR § 350-126. Items of bingo and raffle expense

Length: 102 wordsOfficial source
(a) Expenses that are reasonable and necessary to lawfully conduct games of bingo and raffles are allowable and are to include expenses incurred for: (1) Advertising, to include 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 expense; (6) License fee; (7) Bookkeeping or accounting services; and (8) Security. (b)(1) No person may be compensated for organizing, promoting, conducting, or otherwise administering a raffle or bingo event. (2) Any and all compensation is prohibited and is not an allowable expense.
23 CAR § 350-126: 23 CAR § 350-126. Items of bingo and raffle expense | Justis AI