97-33-203 - Commercial lessor's license; rental rates and other charges allowable; length and frequency of rentals; agreements with distributors. - Mississippi Statutes

§ 97-33-203. Commercial lessor's license; rental rates and other charges allowable; length and frequency of rentals; agreements with distributors.
 

(1)  No lease of any premises by a commercial lessor to any charitable organization for a charitable bingo game shall provide for payment in excess of the reasonable market rental rate for such premises. The commission shall determine whether a market rental rate for such premises is reasonable. No lease shall provide for rental for less than a five-hour session. No more than two (2) sessions shall be conducted within one (1) day and more often than eight (8) sessions in any one (1) week on the premises of a commercial lessor. Any licensee who holds no more than one (1) session per week shall be entitled to conduct one (1) six-hour session per week. 

(2)  No commercial lessor shall require the payment of any other cost or fee from an organization licensed to hold, operate or conduct bingo games other than the rental amount provided for by the rental agreement or contract or charge admission fees to persons entering the premises to participate in the games. 

(3)  No commercial lessor leasing premises for authorized charitable bingo game activities shall enter into any agreement with a distributor of gaming supplies for the use, purchase, promotion or sale of supplies to be used in such bingo games. 
 

Sources: Laws,  1992, ch. 581, § 24; Laws, 1994, ch. 635, § 20; Laws, 1999, ch. 490, § 3, eff from and after July 1, 1999.