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Code · Iowa · Chapter 99B — Social And Charitable Gambling

99B.32 Manufacturers and distributors — bingo equipment and supplies — electronic raffle systems — transfer or use.

217 words·~1 min read·/ia/chapter-99b-social-and-charitable-gambling/99b-32·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. As used in this section, unless the context otherwise requires, “manufacturer or distributor” means a person engaged in business in this state who originally produces, or purchases from a business that originally produces, equipment or supplies which are specifically used in the conduct of a bingo occasion or an electronic raffle.
2. A person shall not engage in business in this state as a manufacturer or distributor without first obtaining a license from the department.
a. Upon receipt of an application and a fee of one thousand dollars for a manufacturer or distributor license, the department may issue an annual license.
b. A license may be renewed annually upon submission of an application, payment of the annual license fee, and compliance with this section and the rules adopted pursuant to this section.
3. A licensed manufacturer or distributor may sell bingo equipment or supplies or an electronic raffle system directly to a licensed qualified organization.
4. A licensed qualified organization under this chapter may dispose of, transfer, or sell excess bingo equipment or supplies on a nonroutine basis to another licensed qualified organization.
5. A licensed qualified organization shall not sublease, rent, borrow, or otherwise use another qualified organization’s electronic raffle system.
C95, §99B.7A
2015 Acts, ch 99, §12, 56
C2016, §99B.32
Referred to in §99B.25
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