Okla. Admin. Code § 45:50-9-2

Current through Vol. 42, No. 7, December 16, 2024

Section 45:50-9-2 - Distributor operations and reporting

(a) A distributor who sells, leases, or otherwise provides charity game equipment shall record the transaction on a sales invoice.

(b) A sales invoice shall contain the following information:

(1) The license number of the distributor;

(2) The complete business name and address of the organization or entity;

(3) The license or the exemption permit number of the organization or entity issued by the Commission;

(4) The invoice number;

(5) The date the equipment was shipped;

(6) A full description of each item of equipment sold;

(7) The serial numbers of the bingo sets, breakopen ticket games and selection equipment;

(8) The quantity of U-Pik-Em games;

(9) The identity of the manufacturer from which the distributor purchased the equipment;

(10) The date of the sale of the equipment; and

(11) The name of the person who ordered the equipment.

(c) A distributor, on or before the last day of the month following the end of the quarter, shall submit a quarterly report containing:

(1) All sales invoice information for sales to licensed organizations or exempt organizations or entities;

(2) All purchase invoice information for purchases from licensed manufacturers including the amount and price of each item purchased; and

(3) A reconciliation of inventory of charity game equipment.

(d) All Records, reports and receipts required by the Act or by rule shall be maintained and stored in such a manner as to be available for inspection by the Commission on demand.

Okla. Admin. Code § 45:50-9-2

Added at 10 Ok Reg 4713, eff 9-17-93 (emergency); Added at 11 Ok Reg 4415, eff 8-11-94