The operation and conduct of raffles shall be under the supervision of a single raffle's manager designated by the organization. The manager of the raffle must be a bona fine member of the organization holding the license for such a raffle and may not receive any remuneration or profit for participating in the management or operation of the raffle. The manager shall give a fidelity bond in the sum of the total value of the prizes to be awarded in the raffle conditioned upon his/her honesty in the performance of his/her duties. Terms of the bond shall provide that notice shall be given in writing to the Village not less than 30 days prior to its cancellation. The village may waive this bond requirement by including a waiver provision in the license issued to an organization under this chapter provided that the license containing such a waiver provision shall be granted only by a unanimous vote of the corporate authorities.
(Ord. 2018-011, passed 11-21-18)