Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part I - Charitable Bingo, Keno, Raffle
Subpart 2 - Electronic Video Bingo
Chapter 19 - Electronic Video Bingo
Section I-1935 - Combination of Interests Prohibited
Universal Citation: LA Admin Code I-1935
Current through Register Vol. 50, No. 9, September 20, 2024
A. No officer, director, or manager of an organization which conducts charitable games of chance shall:
1. have a direct or indirect financial
interest in any entity which manufactures or distributes electronic video bingo
machines;
2. serve as an officer,
director, shareholder of more than 2 percent of the shares, proprietor or
employee of an entity which manufactures or distributes electronic video bingo
machines.
B. No person or the immediate family members of a person who serves as an officer, director, shareholder of more than 2 percent of the shares, proprietor, or employee of an entity which manufactures or distributes electronic video bingo machines shall act as a commercial lessor in this state.
AUTHORITY NOTE: Adopted in accordance with R.S. 40:1485.4 and R.S. 33:4861.17.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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