W. Va. Code R. § 110-37-27

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-37-27 - Restriction on Use of Raffle Equipment

27.1. A licensee may only use raffle equip­ment:

27.1.1. which it owns;

27.1.2. which it borrows without com­pensation from another licensee; or

27.1.3. which it leases from another licensee for a reasonable and customary amount.

27.1.4. Example 1 - John's Raffle Equip­ment Rental, an organized for profit company, may not rent raffle supplies to licensees in this State.

27.1.5. Example 2 - S organization owns several pieces of raffle equipment. Z organization does not wish to buy what it needs to conduct its raffle, but instead wishes to lease the equipment from S at a reasonable rate. Z may lease from S if both organizations meet the criteria for charita­ble raffle licensees under Subdivision 2.1.3. of this rule.

27.2. The rental or purchase of raffle equip­ment shall be considered a reasonable and neces­sary expense as provided for in Section 14 of this rule.

W. Va. Code R. § 110-37-27