Ark. Code § 23-114-507

Current with legislation from 2024 effective through May 3, 2024.

Section 23-114-507 - Expenses paid from bingo and raffle account

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.

Ark. Code § 23-114-507

Acts 2007, No. 388, § 1.