Alabama Statutes
§ 45-20-150.05 — Bingo Games - Legislative Intent; Actual Expenses; Consulting Fees
Alabama § 45-20-150.05
This text of Alabama § 45-20-150.05 (Bingo Games - Legislative Intent; Actual Expenses; Consulting Fees) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 45-20-150.05 (2026).
Text
(a)It is the intention of the Legislature that only qualified organizations that are properly issued permits or special permits shall be allowed to operate bingo sessions. A qualified organization shall not lend its name nor allow its identity to be used by any other person in conducting or promoting a bingo session in which the other person has a substantial financial interest.
(b)It is unlawful for two or more qualified organizations to pyramid the valuation of prizes in a manner to exceed the limits in cash, or gifts of equivalent value, as provided in Section 45-20-150.08. The term “equivalent value” means the fair market value of the gift on the date the gift is given as the prize in a bingo session.
(c)Except as otherwise provided by this article, a qualified organization may dedu
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Legislative History
(Act 93-886, p. 151, §6.)
Nearby Sections
15
§ 45-1-10
Disclaimer,§ 45-1-100.01
Superintendent of Education§ 45-1-100.02
Insuring School Buildings and Property§ 45-1-110
Compensation of Poll Workers§ 45-1-120
Reserved§ 45-1-130
Duties of County Engineer§ 45-1-140
Reserved§ 45-1-150
Reserved§ 45-1-160
Reserved§ 45-1-180
Reserved§ 45-1-190
Reserved§ 45-1-20
Licensing and Regulation; ViolationsCite This Page — Counsel Stack
Bluebook (online)
Alabama § 45-20-150.05, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/45-20-150.05.