Neb. Rev. Stat. § 9-423
This is the official text of Neb. Rev. Stat. § 9-423, part of Nebraska’s Rev. Stat — part of the compiled statutory law of Nebraska, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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View Statute 9-423
Official statutory text
(1) Any nonprofit organization holding a certificate of exemption under section 501 of the Internal Revenue Code or any volunteer fire company or volunteer first-aid, rescue, ambulance, or emergency squad may apply for a license to conduct a lottery or raffle.
(2) Prior to applying for any license, an organization shall:
(a) Be incorporated in this state as a not-for-profit corporation or organized in this state as a religious or not-for-profit organization;
(b) Have at least ten members in good standing;
(c) Conduct activities within this state in addition to the conduct of lotteries or raffles;
(d) Be authorized by its constitution, articles, charter, or bylaws to further in this state a lawful purpose; and
(e) Operate without profit to its members, and no part of the net earnings of such organization shall inure to the benefit of any private shareholder or individual.
Laws 1986, LB 1027, § 144;
Laws 2002, LB 545, § 42.
(2) Prior to applying for any license, an organization shall:
(a) Be incorporated in this state as a not-for-profit corporation or organized in this state as a religious or not-for-profit organization;
(b) Have at least ten members in good standing;
(c) Conduct activities within this state in addition to the conduct of lotteries or raffles;
(d) Be authorized by its constitution, articles, charter, or bylaws to further in this state a lawful purpose; and
(e) Operate without profit to its members, and no part of the net earnings of such organization shall inure to the benefit of any private shareholder or individual.
Laws 1986, LB 1027, § 144;
Laws 2002, LB 545, § 42.
Status: in_force · Read it on the official government site
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