Md. Code Regs. 01.02.07.09 - Use of Proceeds
Except as otherwise expressly authorized in these regulations:
A. All proceeds from a raffle of real property shall be received by the charitable organization conducting the raffle and, after payment of the reasonable costs and expenses related to the raffle , may only be used by the charitable organization in furtherance of its charitable purposes; and
B. No other person or group of persons may benefit financially from, receive, or be paid any of the proceeds from the raffle .
Notes
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