Sec. 2004.006. USE OF RAFFLE PROCEEDS. All proceeds from the sale of raffle tickets less the amounts deducted for reasonable operating expenses and cash prizes must be used for the charitable purposes of the professional sports team charitable foundation.
Added by Acts 2015, 84th Leg., R.S., Ch. 47 (H.B. 975), Sec. 1, eff. January 1, 2016.
Structure Texas Statutes
Title 13 - Sports, Amusements, and Entertainment
Chapter 2004 - Professional Sports Team Charitable Foundation Raffles
Section 2004.003. Qualifications to Conduct Raffle
Section 2004.004. Raffle Authorized; Ticket Sales
Section 2004.005. Ticket Disclosures
Section 2004.006. Use of Raffle Proceeds
Section 2004.007. Reasonable Operating Expenses
Section 2004.008. Communication of Winning Number
Section 2004.009. Criminal Penalties
Section 2004.010. Injunctive Action Against Unauthorized Raffle