Tex. Occ. Code § 2001.453

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 2001.453 - Authorized Uses of Bingo Account

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.

Tex. Occ. Code § 2001.453

Amended By Acts 2009, 81st Leg., R.S., Ch. 636, Sec. 33, eff. 10/1/2009.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. 9/1/1999.