Arkansas § 23-114-506 Items of bingo and raffle expense

Arkansas Statutes

§ 23-114-506 — Items of bingo and raffle expense

Arkansas § 23-114-506

Title23

This text of Arkansas § 23-114-506 (Items of bingo and raffle expense) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 23-114-506 (2026).

Text

(a)Expenses that are reasonable and necessary to lawfully conduct games of bingo or raffles are allowable and include expenses incurred for:

(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)License fees; and (7) Bookkeeping or accounting services.

(b)No person may be compensated for organizing, promoting, conducting, or otherwise administering a raffle or bingo event. Any such compensation is prohibited under this chapter and is not an allowable expense.

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(a) Expenses that are reasonable and necessary to lawfully conduct games of bingo or raffles are allowable and include expenses incurred for: (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) License fees; and (7) Bookkeeping or accounting services. (b) No person may be compensated for organizing, promoting, conducting, or otherwise administering a raffle or bingo event. Any such compensation is prohibited under this chapter and is not an allowable expense.