The following items of expenses incurred or paid in connection with the conduct of games of bingo or raffles must be paid from a licensed authorized organization's bingo and raffle account if the licensed authorized organization is required under § 23-114-501 to maintain such an account:
(1) Advertising, including the cost of printing bingo and raffle gift certificates;
(2) Repairs to premises and equipment;
(3) Bingo and raffle supplies and equipment;
(4) Prizes;
(5) Stated rental or mortgage and insurance expenses;
(6) Bookkeeping or accounting services; and
(7) License fees.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 4 - Miscellaneous Regulated Industries
Chapter 114 - Charitable Bingo and Raffles Enabling Act
Subchapter 5 - Bingo And Raffle Accounts
§ 23-114-501. Bingo and raffle accounts
§ 23-114-502. Withdrawals from a bingo and raffle account
§ 23-114-503. Authorized uses of a bingo and raffle account
§ 23-114-504. Use of net proceeds for charitable purposes
§ 23-114-505. Use of proceeds by a licensed authorized organization