New Jersey Administrative Code
Title 13 - LAW AND PUBLIC SAFETY
Chapter 47 - RULES OF LEGALIZED GAMES OF CHANCE
Subchapter 6 - GENERAL CONDUCT OF GAMES OF CHANCE
Section 13:47-6.22 - Time limit for devoting of proceeds
Universal Citation: NJ Admin Code 13:47-6.22
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The net proceeds derived from the holding of a game of chance must be devoted to one or more of the authorized purposes within one year of the holding of the game of chance. Organizations failing to comply with this section will be required to show cause before the Commission why their right to conduct games of chance should not be revoked.
(b) Any organization desiring to hold the net proceeds of games of chance for a period longer than one year may apply to the Commission for special permission.
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