N.Y. Comp. Codes R. & Regs. tit. 9 § 4821.9

Current through Register Vol. 46, No. 43, October 23, 2024
Section 4821.9 - Method of withdrawal

Except for the electronic transfer of funds to State, local and Federal governmental entities in compliance with lawful expenditures set forth in section 4821.18 of this Part; utilities, including light, heat, power and water, telephone, mortgages and payments to licensed bingo suppliers, all monies withdrawn from the special bingo account shall be only by checks having preprinted consecutive numbers, signed by at least two duly authorized officers of the licensee and made payable to a specific person, firm, partnership or corporation with the purpose specified on the check stub, and at no time shall a check be made payable to cash. All checks must be accounted for in the appropriate part of the Financial Statement of Bingo Operations (form BC-7) or quarterly summary statement of bingo operations (form BC-7Q).

N.Y. Comp. Codes R. & Regs. Tit. 9 § 4821.9

Amended New York State Register June 2, 2021/Volume XLIII, Issue 22, eff. 6/2/2021