Code of Maryland Regulations
Title 01 - EXECUTIVE DEPARTMENT
Subtitle 02 - SECRETARY OF STATE
Chapter 01.02.07 - Raffles of Real Property
Section 01.02.07.10 - Canceled Raffles-Refunds
Universal Citation: MD Code Reg 01.02.07.10
Current through Register Vol. 51, No. 19, September 20, 2024
A. Except as provided in §B of this regulation, the charitable organization shall reimburse each purchaser of a chance with the full purchase price paid by that purchaser if the charitable organization cancels the raffle after chances have been sold and before the winner is selected.
B. If proper notice is given as provided in Regulation .05A of this chapter, the charitable organization may retain up to 1 percent of the price of a chance to cover administrative costs.
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