99B.12A - BINGO -- LICENSING EXCEPTION.

        99B.12A  BINGO -- LICENSING EXCEPTION.
         An organization that is exempt from federal income taxes under
      section 501(c)(3), 501(c)(4), 501(c)(5), 501(c)(6), 501(c)(7),
      501(c)(8), 501(c)(10), or 501(c)(19) of the Internal Revenue Code as
      defined in section 422.3, shall be authorized to conduct a bingo
      occasion without a license as otherwise required by this chapter if
      all of the following requirements are met:
         1.  Participants in the bingo occasion are not charged to enter
      the premises where bingo is conducted.
         2.  Participants in the bingo occasion are not charged to play.
         3.  Any prize awarded at the bingo occasion shall be donated.
         4.  The bingo occasion is conducted as an activity and not for
      fundraising purposes.  
         Section History: Recent Form
         2003 Acts, ch 77, §2
         Referred to in § 99B.9