Texas Occupations Code 2001.455 – Use of Proceeds by Recipient
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Terms Used In Texas Occupations Code 2001.455
- Donor: The person who makes a gift.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
A person given bingo proceeds for a charitable purpose may not use the donation:
(1) to pay for services rendered or materials purchased in connection with the conduct of bingo by the donor organization; or
(2) for a purpose that would not constitute a charitable purpose if the activity were conducted by the donor organization.