Current with changes through the 2024 First Special Legislative Session
Section 9-423 - License; qualified applicants(1) Any nonprofit organization holding a certificate of exemption under section 501 of the Internal Revenue Code or any volunteer fire company or volunteer first-aid, rescue, ambulance, or emergency squad may apply for a license to conduct a lottery or raffle.(2) Prior to applying for any license, an organization shall: (a) Be incorporated in this state as a not-for-profit corporation or organized in this state as a religious or not-for-profit organization;(b) Have at least ten members in good standing;(c) Conduct activities within this state in addition to the conduct of lotteries or raffles;(d) Be authorized by its constitution, articles, charter, or bylaws to further in this state a lawful purpose; and(e) Operate without profit to its members, and no part of the net earnings of such organization shall inure to the benefit of any private shareholder or individual.Laws 1986, LB 1027, § 144; Laws 2002, LB 545, § 42.