2016 Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 4 - Miscellaneous Regulated Industries
Chapter 114 - Charitable Bingo and Raffles Enabling Act
Subchapter 5 - -- Bingo and Raffle Accounts
§ 23-114-507. Expenses paid from bingo and raffle account

AR Code § 23-114-507 (2016) What's This?

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 § 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.

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