Revocation of license — Licensed authorized organization

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The license issued to an authorized organization is subject to revocation under this chapter if the organization:

  1. (1) Makes a false statement or material omission in an application for a license under this chapter;

  2. (2) Fails to maintain records that fully and accurately record each transaction connected with:

    1. (A) Conducting raffles or games of bingo; and

    2. (B) Leasing of premises to be used for raffles or games of bingo;

  3. (3) Falsifies or makes a false entry in a book or record if the entry relates in any way to the promotion, operation, or administration of raffles or games of bingo;

  4. (4) Diverts or pays a portion of the proceeds from a raffle or a game of bingo to a person except in furtherance of one (1) or more of the lawful purposes set forth in this chapter; or

  5. (5) Violates this chapter or a term of a license issued under this chapter in any other way.


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