Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE41 GAMING; HORSE RACING; SPORTING EVENTS |
CHAPTER463. Licensing and Control of Gaming |
CHARITABLE BINGO GAMES OPERATED BY QUALIFIED ORGANIZATIONS |
NRS463.40965. Reporting and expenditure of net proceeds of charitable bingo.
Latest version.
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1. A qualified organization shall expend the net proceeds of charitable bingo only for the benefit of charitable or nonprofit activities in this state.
2. On or before February 1 of each year, a qualified organization approved by the Executive Director shall submit to the Executive Director a financial report on its charitable bingo activities for the preceding calendar year. The financial report must include a statement of:
(a) The expenses incurred in the operation of charitable bingo games; and
(b) The amount and use of the net proceeds of charitable bingo games.
(Added to NRS by 1993, 1162)