Current through September 2, 2024
Section 52.01.03.322 - SEPARATE BANK ACCOUNT AND LIMITATIONS ON USE01.Establishment of Account. All net proceeds received in connection with a bingo game required to be licensed under Title 67, Chapter 77, Idaho Code, and by these rules must be placed in a Separate Bank Account. See Section 67-7709(1), Idaho Code. Only bingo funds generated from bingo games may be distributed as prizes, administrative expenses, or charitable/nonprofit donations.02.Disbursements Use of Funds. All disbursements must be documented as defined in Section 67-7709(1), Idaho Code, and by these rules.Idaho Admin. Code r. 52.01.03.322