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Emergency Expenditures From Non-Gambling Bank Account

Emergency expenditures may be made directly from a non-gambling bank account if the expenditure has been approved by the organization’s membership. Organizations may not transfer non-gambling funds into the gambling account for this purpose.

An emergency expenditure means a financial obligation due and payable which, if not met, would require the organization to stop gambling immediately.

Gambling Control Board approval is required prior to repaying the non-gambling bank account for the emergency expenditure. Use form LG275, Request to Transfer Gambling Funds to General Fund, to apply for approval.

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