The operation and conduct of a raffle shall be under the supervision of a single raffle manager designated by the licensee. The manager shall give a fidelity bond equal in the amount to the aggregate retail value of all prizes to be awarded in favor of the licensee, conditioned upon his honesty in the performance of his duties. The terms of the bond shall provide that notice shall be given, in writing, to the Village not less than thirty (30) days prior to the cancellation of such bond. Corporate surety shall be given on such bond unless waived by the Village. This section shall not apply to poker runs. (1979 Code § 3-6-8; amd. 2017 Code)