Sec.7-186k-16. Verified statement, books and records

(a) Any sponsoring organization which holds, operates or conducts any games of chance, and its members who were in charge thereof, shall furnish to the executive director and to the chief of police of the municipality or to the first selectman, as the case may be, a verified statement, showing (1) the amount of the gross receipts derived from each event of such games of chance, (2) each item of expense incurred or paid and each item of expenditure made or to be made and the name and address of each person to whom each such item has been or is to be paid, (3) the net profit derived from each event of such games of chance and the uses to which the net profit has been or is to be applied and (4) a list of prizes of a retail value of fifty dollars or more offered or given with the amount paid for each prize purchased or the retail value for each prize donated and the names and addresses of the persons to whom the prizes were given.

Such report shall be furnished during the next succeeding month.

(b) The sponsoring organization shall maintain and keep any books and records that may be necessary to substantiate the particulars of such report, which books and records shall be preserved for at least two years from the date of such report and shall be available for inspection by the executive director and the chief of police of the municipality or first selectman, as the case may be, upon request.

(c) Such report shall be certified to under penalty of false statement by the three persons designated in the permit application as being responsible for such games of chance.

(Effective March 17, 1988; Amended December 8, 1998)