N.Y. Comp. Codes R. & Regs. tit. 9 § 4624.17

Current through Register Vol. 46, No. 43, October 23, 2024

Section 4624.17 - Expenditure of funds after cessation of games of chance

An organization that has ceased to conduct games of chance for any reason, and has unexpended games of chance funds, shall:

(a) disburse said funds for lawful purposes within a period of one year after the cessation of the conduct of games of chance; or

(b) disburse said funds in accordance with a plan of expenditure approved in advance by the commission.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 4624.17