D.C. Mun. Regs. tit. 30, r. 30-1506

Current through Register Vol. 71, No. 44, November 1, 2024

Rule 30-1506 - DISBURSEMENT OF RAFFLE RECEIPTS

1506.1

A licensed organization shall keep gross receipts in a separate raffle bank account.

1506.2

All gross receipts from each raffle shall be deposited in a separate raffle bank account by the end of each business week during which any raffle tickets are sold.

1506.3

Money shall be withdrawn from the raffle account only for the following:

(a) Payment of expenses in accordance with § 1507; and

(b) Disbursement from net proceeds for the lawful purpose stated in the application.

1506.4

Within thirty (30) days of any raffle draw, all gross receipts shall be disbursed from the raffle account according to § 1506.3.

1506.5

The licensed organization shall not commingle any funds from the operation of raffles with and other funds, except in compliance with § 1506.3.

D.C. Mun. Regs. tit. 30, r. 30-1506

Prior to May 20, 1988, the D.C. Lottery and Charitable Games Control Board published Final Rulemaking at 29 DCR 5016, 5036 (November 12, 1982); Final Rulemaking published at 35 DCR 3788, 3813 (May 20, 1988).