Texas § OC.2001.505 - REPORT OF EXPENSES
Full text of Texas The Texas Constitution § OC.2001.505 — REPORT OF EXPENSES, with citation guidance and answers to common questions.
§ OC.2001.505. REPORT OF EXPENSES
REPORT OF EXPENSES. (a) A licensed authorized organization conducting bingo shall submit quarterly to the commission a report under oath stating: (1) the amount of the gross receipts derived from bingo; (2) each item of expense incurred or paid; (3) each item of expenditure made or to be made, the name and address of each person to whom each item has been paid or is to be paid, and a detailed description of the merchandise purchased or the services rendered; (4) the net proceeds derived from bingo; (5) the use to which the proceeds have been or are to be applied; and (6) a list of prizes offered and given, with their respective values. (b) A license holder shall maintain records to substantiate the contents of each report. (c) Repealed by Acts 2009, 81st Leg., R.S., Ch. 636, Sec. 42(10), eff. October 1, 2009. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by: Acts 2009, 81st Leg., R.S., Ch. 636 (H.B. 1474 ), Sec. 38, eff. October 1, 2009. Acts 2009, 81st Leg., R.S., Ch. 636 (H.B. 1474 ), Sec. 42(10), eff. October 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § OC.2001.505
What does The Texas Constitution § OC.2001.505 cover?
Section OC.2001.505 ("REPORT OF EXPENSES") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § OC.2001.505?
A common citation format is "The Texas Constitution § OC.2001.505" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.2001.505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.