West Virginia Code § 47-21-16

Records; commissioner audit
Open in Lexace · Ask the AI about this section
Any licensee which holds a raffle occasion as provided by this article shall maintain a
separate account and separate book-keeping procedure for its raffle operations: Provided,
That nothing in this article restricts a licensee from transferring moneys in the account from
a raffle occasion to an account created under section sixteen, article twenty of this chapter
in an amount not to exceed the actual loss of the bingo occasion receiving thee transfer:
Provided, however, That money transferred shall be withdrawn only by checks having
preprinted consecutive numbers and made payable to the account crearted under section
sixteen, article twenty of this code. All records required by this article shall be maintained
for at least three years and shall be open to the commissioner for reasonable inspection.
Whenever the commissioner has reasonable cause to believe a licensee has violated any of
the provisions of this article, he may perform or cause to be tperformed an audit of the
licensee's books and records.

‹ Prev All West Virginia sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.