It shall be lawful for any authorized organization, as defined
in § 476 of Article 14-H of the General Municipal Law, upon
obtaining the required license, to conduct the game of bingo within
the territorial limits of the Town of Waterford, subject to the provisions
of this chapter, Article 14-H of the General Municipal Law, Article
19-B of the Executive Law and the following restrictions:
A. No person, firm, association, corporation or organization, other
than a licensee under the provisions of Article 14-H, shall conduct
such game or shall lease or otherwise make available for conducting
bingo a hall or other premises for any consideration whatsoever, direct
or indirect.
B. No bingo game shall be held, operated or conducted on or within any
leased premises if rental under such lease is to be paid, wholly or
partly, on the basis of a percentage of the receipts or net profits
derived from the operation of such game.
C. The entire net proceeds of any game shall be exclusively devoted
to the lawful purposes of the organization permitted to conduct the
same.
D. No single prize shall exceed the sum or value of $250.
E. No series of prizes on any one occasion shall aggregate more than
$1,000.
F. No person, except a bona fide member of any such organization, shall
participate in the management or operation of such game.
G. No person shall receive any remuneration for participating in the
management or operation of any such game.
H. No authorized organization licensed under the provisions of Article
14-H shall purchase or receive any supplies or equipment specifically
designed or adopted for use in the conduct of bingo games from other
than a supplier licensed under the Bingo Control Law or from another
authorized organization.
The making of any false statement in any application for a license
or in any statement annexed thereto or any other violation of the
provisions of said Article 14-H of the General Municipal Law or any
violation of the terms of such license shall constitute a misdemeanor
and shall subject the offender to forfeiture of license and shall
render the offender ineligible to apply for a license for a license
for one year thereafter, all pursuant to the provisions of § 495
of the General Municipal Law.