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No person shall interfere with, prevent or refuse to permit a member of a law enforcement agency or the license collector to inspect, without notice, any property licensed for bingo. This inspection shall be to determine whether the licensee is complying with the provisions of this chapter, State and federal law.
(`64 Code, Sec. 8.1-24) (Ord. No. 2435)
For a period of at least three years from the year of preparation, the licensee shall maintain accurate and complete records of the total number of persons participating in each bingo game and the number of bingo cards, pull tabs, punch boards, or other devices which are sold during each game.
(`64 Code, Sec. 8.1-27) (Ord. No. 2435)
(A) Any licensee exempt from payment of the bank and corporation tax by Cal. Rev. and Tax. Code, Section 23701(d) shall deposit all profits derived from bingo in a special fund or account and shall not commingle such funds with any other funds. Such funds shall be used only for charitable purposes.
(B) All other licensees shall deposit all proceeds derived from bingo in a special fund or account and shall not commingle such funds with any other funds. The proceeds shall be used only for charitable purposes, with the following exceptions:
(1) The proceeds may be used for prizes.
(2) A portion of the proceeds, not to exceed 20% of the total before deduction for prizes, or $2,000 per month, whichever is less, may be used for the rental of property to conduct bingo and for overhead, including the purchase of bingo equipment, administrative expenses, security equipment and security personnel.
(3) The proceeds may be used to pay license fees.
(`64 Code, Sec. 8.1-28) (Ord. No. 2435)
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