All proceeds from the sale of raffle tickets less the amounts deducted for reasonable operating expenses and cash prizes must be used for the charitable purposes of the professional sports team charitable foundation.
Tex. Occ. Code § 2004.006
USE OF RAFFLE PROCEEDS
Known as the Professional Sports Team Charitable Foundation Raffle Enabling Act
The act spans §§ 2004–2004 (10 sections).
Added by Acts 2015, 84th Leg., R.S., Ch. 47 (H.B. 975), Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.