| (a) A licensed authorized organization or unit shall
maintain a perpetual inventory of:
(1) disposable bingo cards described in subsection
(d) of this section; and
(2) pull-tab bingo tickets described in subsection
(e) of this section.
(b) Each perpetual inventory shall account for all
sold and unsold disposable bingo cards and pull-tab bingo tickets,
as well as inventory items designated for destruction.
(c) The licensed authorized organization may be held
responsible for the gross receipts and prizes associated with missing
or unaccounted for disposable bingo cards and pull-tab bingo tickets.
(d) The perpetual inventory of disposable bingo cards
shall contain:
(1) organization's or unit's name and taxpayer number;
(2) serial and series number and the color of the paper
or border (For UPS pad, use the top sheet for obtaining color, serial
and series numbers.);
(3) number of faces (ON) and number of sheets (UP);
(4) number of sheets or UPS pads for each serial and
series number remaining after each occasion;
(5) occasion date(s) the paper was used;
(6) number of sheets or packs sold, missing or damaged
by date; and
(7) initials of person entering the information per
occasion.
(e) The perpetual inventory of pull-tab bingo tickets
shall contain:
(1) organization's or unit's name and taxpayer number;
(2) form number;
(3) serial number;
(4) number of tickets per deal;
(5) number of tickets sold, missing, or damaged by
occasion date;
(6) number of pull-tab tickets remaining if the deal
is closed; and
(7) occasion date(s) the pull-tab tickets were sold.
(f) The Commission shall provide a form for maintaining
perpetual inventory. A license authorized organization may, but is
not required to use the form.
|
| Source Note: The provisions of this §402.511 adopted to be effective April 15, 2008, 33 TexReg 2956; amended to be effective August 1, 2016, 41 TexReg 5505; amended to be effective January 2, 2020, 44 TexReg 8292; amended to be effective October 22, 2020, 45 TexReg 7414 |
