Alabama § 45-20-150.05 - Bingo Games - Legislative Intent; Actual Expenses; Consulting Fees.
Full text of Alabama Code of Alabama § 45-20-150.05 — Bingo Games - Legislative Intent; Actual Expenses; Consulting Fees., with citation guidance and answers to common questions.
§ 45-20-150.05. Bingo Games - Legislative Intent; Actual Expenses; Consulting Fees.
(a) It is the intention of the Legislature that only qualified organizations that are properly issued permits or special permits shall be allowed to operate bingo sessions. A qualified organization shall not lend its name nor allow its identity to be used by any other person in conducting or promoting a bingo session in which the other person has a substantial financial interest.
(b) It is unlawful for two or more qualified organizations to pyramid the valuation of prizes in a manner to exceed the limits in cash, or gifts of equivalent value, as provided in Section 45-20-150.08. The term “equivalent value” means the fair market value of the gift on the date the gift is given as the prize in a bingo session.
(c) Except as otherwise provided by this article, a qualified organization may deduct the reasonable expenses of operating and conducting its bingo sessions. Reasonable expenses shall be defined as including customary and usual business overhead expenses and as specified in Section 45-20-150.07.
(d) No person shall pay consulting fees to any person for services performed in relation to the operation or conduct of a bingo session.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 45-20-150.05
What does Code of Alabama § 45-20-150.05 cover?
Section 45-20-150.05 ("Bingo Games - Legislative Intent; Actual Expenses; Consulting Fees.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 45-20-150.05?
A common citation format is "Code of Alabama § 45-20-150.05" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 45-20-150.05 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.