Sec. 7-177a. Cash prizes permitted. Special checking account.
Sec. 7-177a. Cash prizes permitted. Special checking account. Any sponsoring
organization with a "Class No. 1", "Class No. 2", or "Class No. 4" permit that is qualified
to conduct a raffle under section 7-172 or 7-185a may conduct a frog-race, duck-race
or traditional raffle and may award cash prizes to participants in such a raffle in addition
to those prizes authorized under section 7-177. Such raffle shall conform to the requirements of sections 7-170 to 7-186, inclusive. Each organization conducting a raffle described in this section shall deposit all proceeds from such raffle in a special checking
account established and maintained by the organization which shall be subject to audit
by the Division of Special Revenue. Any expense incidental to the conduct of such raffle
shall be paid from the gross receipts of raffle tickets and only by checks drawn from such
checking account. All cash prizes awarded shall be paid from such checking account.
(P.A. 07-36, S. 5.)