The conducting of raffles is subject to the following restrictions:
(A) The entire net proceeds of any raffle must be exclusively devoted to the lawful purposes of the organization permitted to conduct that game;
(B) No person except a bona fide member of the sponsoring organization may participate in the management or operation of the raffle;
(C) No person may receive any remuneration or profit for participating in the management or operation of the raffle;
(D) A licensee may rent a premise on which to determine the winning chance or chances in a raffle only from an organization which is also licensed under this act;
(E) Raffle chances may be sold or issued only within the area specified on the license and winning chances may be determined only at those locations specified on the license; and
(F) No person under the age of 18 years may participate in the conducting of raffles or chances. A person under the age of 18 years may be within the area where winning chances are being determined only when accompanied by his or her parent or guardian.
(1994 Code, § 31-1-5)