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23-114-502. Withdrawals from a bingo and raffle account.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-114-502. Withdrawals from a bingo and raffle account.
(a)(1) Funds from the bingo and raffle account shall be withdrawn by preprinted, consecutively numbered checks or withdrawal slips, signed by an authorized representative of the licensed authorized organization and made payable to a person.
(2) A check or withdrawal slip shall not be made payable to “cash”, “bearer”, or a fictitious payee.
(3) The nature of the payment made shall also be noted on the face of the check or withdrawal slip.
(b) The checks for the bingo and raffle account shall be imprinted with the words “Bingo and Raffle Account” and shall contain the licensed authorized organization's bingo and raffle license number on the face of each check.
(c) A licensed authorized organization shall keep and account for all checks and withdrawal slips, including voided checks and withdrawal slips.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-114-502
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-114-502
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 902e1b872d6ecb436a0cd7177ce7f1d3d635c1ca118c842eea793e859e45f109
Source location: content.xml paragraph 65208
Stored source content
23-114-502. Withdrawals from a bingo and raffle account.
(a)(1) Funds from the bingo and raffle account shall be withdrawn by preprinted, consecutively numbered checks or withdrawal slips, signed by an authorized representative of the licensed authorized organization and made payable to a person.
(2) A check or withdrawal slip shall not be made payable to “cash”, “bearer”, or a fictitious payee.
(3) The nature of the payment made shall also be noted on the face of the check or withdrawal slip.
(b) The checks for the bingo and raffle account shall be imprinted with the words “Bingo and Raffle Account” and shall contain the licensed authorized organization's bingo and raffle license number on the face of each check.
(c) A licensed authorized organization shall keep and account for all checks and withdrawal slips, including voided checks and withdrawal slips.
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