South Carolina § 12-21-3930 Conditions under which bingo not considered lottery.

South Carolina Statutes

§ 12-21-3930 — Conditions under which bingo not considered lottery.

South Carolina·Title 12 TAXATION·Ch. 21 STAMP AND BUSINESS LICENSE TAX

The game of bingo is not a lottery when:

(1)the nonprofit organization conducting the game has completed the application as described in Section 12-21-3940 and the application has been approved by the department;

(2)the promoter under contract with the nonprofit organization is licensed properly with the department;

(3)the nonprofit organization presents to the department upon application a certified copy of the statement issued by the Internal Revenue Service exempting it from federal income taxation;

(4)the game is conducted in accordance with the provisions of Sections 12-21-3990 and 12-21-4000 and approved cards are used.

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The game of bingo is not a lottery when: (1) the nonprofit organization conducting the game has completed the application as described in Section 12-21-3940 and the application has been approved by the department; (2) the promoter under contract with the nonprofit organization is licensed properly with the department; (3) the nonprofit organization presents to the department upon application a certified copy of the statement issued by the Internal Revenue Service exempting it from federal income taxation; (4) the game is conducted in accordance with the provisions of Sections 12-21-3990 and 12-21-4000 and approved cards are used.

South Carolina § 12-21-3930 (Conditions under which bingo not considered lottery.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.