Washington Administrative Code (Last Updated: November 23, 2016)

Section 315-06-115. Overlapping draw game sales in consecutive fiscal years.

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When the sales for a draw game jackpot overlap two fiscal years, any fiscal reporting discrepancy between the statutory requirement that payment of prizes not be less than forty-five percent of gross annual revenue and the preparation of an annual financial statement using generally accepted accounting principles shall be explained in a footnote to the financial statements.

[Statutory Authority: RCW 67.70.040. WSR 08-11-043, § 315-06-115, filed 5/14/08, effective 6/14/08; WSR 89-17-021 (Order 118), § 315-06-115, filed 8/7/89, effective 9/7/89.]

RCW 67.70.040. WSR 08-11-043, § 315-06-115, filed 5/14/08, effective 6/14/08; WSR 89-17-021 (Order 118), § 315-06-115, filed 8/7/89, effective 9/7/89.

                    
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