I. A charitable organization may conduct games of chance to promote the purpose for which it was organized, and shall be licensed as provided in this chapter.
II. The license shall authorize games of chance of a specified type on specified dates at specified times and at a specified location including agricultural fairs and other locations where nonprofit fundraising activities are conducted.
III. No license shall be transferable.
IV. No person shall be a party to, engage in, or supervise others in the operation of games of chance in any capacity, unless that person is licensed under this chapter.