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Tex. Occ. Code § 2001.453

AUTHORIZED USES OF BINGO ACCOUNT

Known as the Bingo Enabling Act

The act spans §§ 2001–2001 (152 sections).

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff

A licensed authorized organization may withdraw funds from its bingo account only for:

(1) the payment of necessary or reasonable bona fide expenses, including compensation of personnel, as permitted under Section 2001.458 incurred and paid in connection with the conduct of bingo; or

(2) the disbursement of net proceeds derived from the conduct of bingo as provided by this subchapter.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.