Tex. Occ. Code § 2001.435 · Subchapter I-1. UNIT ACCOUNTING
UNIT ACCOUNTING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A unit:
(1) shall establish and maintain one checking account designated as the unit's bingo account;
(2) shall maintain one inventory of bingo supplies and equipment for use in the bingo operations of members of the unit; and
(3) may maintain an interest-bearing savings account designated as the unit's bingo savings account.
(b) Each member of a unit shall deposit into the unit's bingo account all funds derived from the conduct of bingo, less the amount awarded as cash prizes. The deposit shall be made not later than the third business day after the day of the bingo occasion on which the receipts were obtained.
(c) All authorized expenses and distributions of the unit and its members shall be paid from the unit's bingo checking account.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1114, Sec. 19, eff. Sept. 1, 2003.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 636 (H.B. 1474), Sec. 30, eff. October 1, 2009.
Acts 2023, 88th Leg., R.S., Ch. 1132 (S.B. 643), Sec. 10, eff. September 1, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2001.htm
- Text hash
- sha256 0a96016eac90e949bcc36b89ccda70893cf016a6494dfceb3247342feedc417d
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.