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K.A.R. 92-23-43

Bingo trust bank accounts.

Official textus-ks/regssos.ks.govlast amended
Summarize

Each licensee required to establish and use a bingo trust bank account pursuant to K.S.A. 2015
Supp. 75-5179, and amendments thereto, shall comply with all of the following requirements:

# (a)

The bingo trust bank account name shall include the word “bingo.”

# (b)

Only revenue received from the conduct of call bingo and instant bingo shall be deposited into the bingo trust bank account. Funds from other sources shall not be deposited in the account.

# (c)

Cash prizes from call bingo games under $500 and all prizes from instant bingo games may be paid from the daily gross bingo receipts before depositing these receipts in the bingo trust bank account if the licensee keeps a detailed written

record of the gross bingo receipts, cash prizes paid, and net deposit made to the account for the day.

# (d)

All payments made from the bingo trust bank account shall be made by check.

# (e)

Any excess funds in the bingo trust bank account that are not needed for the payment of bingo prizes, taxes, and expenses may be removed from the account by writing a check. These excess funds may be used for any lawful purpose of the nonprofit organization pursuant to K.S.A. 2015 Supp.
75-5179, and amendments thereto. (Authorized by K.S.A. 2015 Supp. 75-5181; implementing K.S.A.
2015 Supp. 75-5179; effective Feb. 12, 2016.)

Amendment history

(Authorized by K.S.A. 2015 Supp. 75-5181; implementing K.S.A. 2015 Supp. 75-5179; effective Feb. 12, 2016.)

Source: official source document (2022 KAR Book 4, Kansas Secretary of State)

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In this article (40 sections)
  1. 92-23-14 · 92-23-14
  2. 92-23-15 · 92-23-15
  3. 92-23-16 · 92-23-16
  4. 92-23-17 · 92-23-17
  5. 92-23-18 · 92-23-18
  6. 92-23-19 · 92-23-19
  7. 92-23-20 · 92-23-20
  8. 92-23-21 · 92-23-21
  9. 92-23-22 · 92-23-22
  10. 92-23-23 · 92-23-23
  11. 92-23-25 · (Authorized by K.S.A. 2000 Supp. 79-4708; implementing…
  12. 92-23-30 · 92-23-30
  13. 92-23-31 · 92-23-31
  14. 92-23-37 · 92-23-37
  15. 92-23-38 · 92-23-38
  16. 92-23-38a · 92-23-38a
  17. 92-23-39 · 92-23-39
  18. 92-23-40 · 92-23-40
  19. 92-23-41 · Definitions; persons conducting games of bingo; restrictions.
  20. 92-23-42 · Bond required for distributors.
  21. 92-23-43 · Bingo trust bank accounts.
  22. 92-23-44 · Schedule of games of bingo.
  23. 92-23-45 · Handling of reusable bingo cards.
  24. 92-23-46 · Bingo; house rules.
  25. 92-23-47 · Display of numbered objects used in conducting games of…
  26. 92-23-48 · Bingo; procedure for correction if wrong number called.
  27. 92-23-49 · Bingo; persons selling refreshments or performing janitorial…
  28. 92-23-50 · Communication of numbers needed to win prohibited.
  29. 92-23-51 · Disputed game of bingo.
  30. 92-23-52 · Bingo; multiple winners.
  31. 92-23-53 · Verification of winners.
  32. 92-23-54 · Bingo; reduction in value of prizes.
  33. 92-23-55 · Cashing of prize checks.
  34. 92-23-56 · Bingo; instant bingo.
  35. 92-23-57 · Bingo; records; inspection; preservation.
  36. 92-23-58 · Bingo; filing of returns; notice; hearings.
  37. 92-23-59 · Due date of tax return by distributors.
  38. 92-23-70 · Charitable raffles; definitions.
  39. 92-23-71 · Licensing requirements; renewals.
  40. 92-23-72 · Charitable raffle ticket requirements.
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