N.J. Admin. Code § 13:47-6.16
Current through Register Vol. 56, No. 21, November 4, 2024
When any merchandise prize is awarded in a game of chance, its value for the purpose of the Bingo Licensing Law, the Raffles Licensing Law, and the rules and regulations of this chapter shall be its current retail price. No merchandise prize shall be redeemable or convertible into cash directly or indirectly.
N.J. Admin. Code § 13:47-6.16
See: 30 New Jersey Register 978(a), 30 New Jersey Register 3062(a).
Former N.J.A.C. 13:47-6.16, Price of supplies; interest, was recodified to N.J.A.C. 13:47-6.17.