Section 7-185-13b - Reports, records receipts and disbursements(a) Designated active members of a sponsoring organization shall be responsible, individually and collectively, for forwarding to the permit issuing authority a duly verified statement, in duplicate, concerning the operation of a bazaar or raffle on forms prescribed and furnished by the executive director. The verified statement shall be furnished during the next succeeding month.(b) Within five business days of receipt of such a statement, a permit issuing authority shall forward the original of same to the executive director.(c) Each sponsoring organization which holds, operates or conducts any bazaar or raffle shall keep accurate records of receipts and disbursements that may be necessary to substantiate the particulars of the bazaar or raffle, which books and records shall be preserved for at least one year from the date of the verified statement required pursuant to section 7-182 of the general statutes and subsection (a) of this section.(d) Each sponsoring organization which holds, operates or conducts a cow-chip raffle shall establish and maintain a special checking account which shall be subject to audit by the division of special revenue. All proceeds derived from the conduct of a cow-chip raffle shall be deposited into this special checking account, and any expense incidental to the conduct of a cow-chip raffle shall be paid only by checks drawn from the special checking account. All cash prizes awarded shall be paid from the special checking account.Conn. Agencies Regs. § 7-185-13b