Iowa Code § 99B.32

Current through bills signed by governor as of 5/17/2024
Section 99B.32 - [Renumbered from 99B.7A] Manufacturers and distributors - bingo equipment and supplies - electronic raffle systems - transfer or use
1. As used in this section, unless the context otherwise requires, "manufacturer or distributor" means a person engaged in business in this state who originally produces, or purchases from a business that originally produces, equipment or supplies which are specifically used in the conduct of a bingo occasion or an electronic raffle.
2. A person shall not engage in business in this state as a manufacturer or distributor without first obtaining a license from the department.
a. Upon receipt of an application and a fee of one thousand dollars for a manufacturer or distributor license, the department may issue an annual license.
b. A license may be renewed annually upon submission of an application, payment of the annual license fee, and compliance with this section and the rules adopted pursuant to this section.
3. A licensed manufacturer or distributor may sell bingo equipment or supplies or an electronic raffle system directly to a licensed qualified organization.
4. A licensed qualified organization under this chapter may dispose of, transfer, or sell excess bingo equipment or supplies on a nonroutine basis to another licensed qualified organization.
5. A licensed qualified organization shall not sublease, rent, borrow, or otherwise use another qualified organization's electronic raffle system.

Iowa Code § 99B.32

Renumbered from Iowa Code s 99B.7A by 2015 Iowa, ch 99,s 56, eff. 7/1/2015.
Amended by 2015 Iowa, ch 99,s 12, eff. 7/1/2015.
94 Acts, ch 1062, §6

Referred to in §99B.25