Nevada § 462.200 - Prohibition against contracting for operation of charitable lottery or charitable game under certain circumstances; limitation on expenditure of net proceeds of charitable lottery or charitable game; annual financial report required upon request
Full text of Nevada Nevada Revised Statutes § 462.200 — Prohibition against contracting for operation of charitable lottery or charitable game under certain circumstances; limitation on expenditure of net proceeds of charitable lottery or charitable game; annual financial report required upon request, with citation guidance and answers to common questions.
§ 462.200. Prohibition against contracting for operation of charitable lottery or charitable game under certain circumstances; limitation on expenditure of net proceeds of charitable lottery or charitable game; annual financial report required upon request
1. A qualified organization: (a) Shall not contract with any vendor for the operation of a charitable lottery or
charitable game who charges more than 8 percent of the gross proceeds of the charitable
lottery or charitable game in exchange for the provision of services. (b) Shall expend the net proceeds of a charitable lottery or charitable game only
for the benefit of charitable or nonprofit activities in this state. 2. A qualified organization registered by the Chair shall, upon request, submit to
the Chair a financial report on a charitable lottery or charitable game. The financial report must include a statement of: (a) The expenses incurred in the operation of the charitable lottery or charitable
game; and (b) The amount and use of the net proceeds of the charitable lottery or charitable
game.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 462.200
What does Nevada Revised Statutes § 462.200 cover?
Section 462.200 ("Prohibition against contracting for operation of charitable lottery or charitable game under certain circumstances; limitation on expenditure of net proceeds of charitable lottery or charitable game; annual financial report required upon request") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. 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 Nevada § 462.200?
A common citation format is "Nevada Revised Statutes § 462.200" (Nevada). 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 Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 462.200 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada 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 Nevada.