Ala. Code § 45-37-150.08

Current through the 2024 Regular Session.
Section 45-37-150.08 - Bingo games - Disposition of proceeds

The entire net proceeds of a bingo game shall be devoted exclusively to the lawful purposes of the permitholder. An item of expense shall not be incurred or paid in connection with the holding, operating, or conducting of bingo except the following bona fide expenses in reasonable amounts:

(1) The purchase or rental of equipment necessary for conducting bingo and payment of services reasonably necessary for the repair of equipment.
(2) Cash prizes or the purchase of prizes of merchandise.
(3) Rental of the location at which bingo is conducted. When premises owned by permitholder is destroyed by a natural disaster or any act not the fault of the tenant or property owner, than the premises may be rented for only one year.
(4) Utilities.
(5) Janitorial services.
(6) The fee required for issuance or reissuance of a permit to conduct bingo.
(7) Other reasonable expenses incurred by the permitholder, not inconsistent with this article as permitted by rule of the sheriff.

Ala. Code § 45-37-150.08 (1975)

Act 80-609, p. 1027, §9.