§ 6.64.120. Profits to be kept in separate fund or account and used only for charitable purposes.  


Latest version.
  • All profits derived from a bingo game shall be kept in a special fund, or account, and shall not be commingled with any other fund, or account, and shall be used exclusively for charitable purposes. The licensee shall keep full and accurate record of the income and expenses received or disbursed in connection with its operation, conduct, promotion, supervision, and any other phase of the bingo games, which are authorized by this chapter. The county, by and through its authorized officers, shall have the right to examine and audit such record at any reasonable time, and the licensee shall fully cooperate with the county by making such record available. With respect to an organization described in Section 6.64.030 of this chapter, a portion of such proceeds may be used for rental of property, overhead, and administrative expenses as described in Section 326.5 of the California Penal Code.

(Ord. No. 3296, § 11, 4-21-15)