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Can you summarize 481 IAAC Chapter 103?
GAMES OF SKILL, CHANCE, BINGO AND RAFFLES > BINGO
Short Summary
These legal documents govern various aspects of conducting bingo in Iowa. They cover the number of bingo occasions allowed per week and month, announcement of gross and net receipts, definitions of terms related to bingo, restrictions on prizes awarded, rules for conducting bingo games, requirements for playing bingo, rules for advertising bingo or gambling activities, regulations for recording and reporting bingo occasions, inspection or audit of licensed organizations, requirements for bingo savings accounts and change funds, reporting requirements for organizations conducting bingo, and leasing and usage of electronic bingo equipment. These documents apply to qualified organizations, licensees, players, lessors, and individuals involved in the operation of bingo games. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Qualified organizations, licensees, players participating in bingo games, individuals involved in the operation of bingo games, lessors of buildings where bingo is played, organizations conducting bingo at fairs or community festivals, organizations leasing electronic bingo equipment
What does it govern?
Conduct of bingo occasions in Iowa, prizes awarded in bingo games, conduct of bingo games, rules and regulations for playing bingo in Iowa, conduct of bingo occasions on premises owned or leased by qualified organizations, expenses incurred as a result of bingo, advertising of bingo or gambling activities, recording requirements for qualified organizations conducting bingo occasions, inspection or audit of licensed organizations, requirements for bingo savings accounts and bingo change funds, reporting requirements for organizations conducting bingo, leasing and usage of electronic bingo equipment
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Iowa