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Can you summarize WAAC 230-07-105?
Charitable and nonprofit rules. > Safeguarding prize inventory.
Short Summary
(1) Charitable or nonprofit organizations must safeguard and prevent misuse or misappropriation of all assets, including items purchased, or donated, to use as prizes for gambling activities. (2) Licensees must maintain an inventory control record for each item purchased or donated to use as prizes for gambling activities in the format we require. [Statutory Authority: RCW 9.46.070. WSR 07-10-032 (Order 609), 230-07-105, filed 4/24/07, effective 1/1/08.]
Jurisdiction
Washington