Texas Occupations Code 2001.453 – Authorized Uses of Bingo Account
Current as of: 2024 | Check for updates
|
Other versions
A licensed authorized organization may withdraw funds from its bingo account only for:
(1) the payment of necessary or reasonable bona fide expenses, including compensation of personnel, as permitted under § 2001.458 incurred and paid in connection with the conduct of bingo; or
(2) the disbursement of net proceeds derived from the conduct of bingo as provided by this subchapter.