State Codes and Statutes
Statutes > Missouri > T21 > C313 > 313_025Leases, approval by commission--percentage of gross receipts as rentprohibited--lessors and suppliers may not operate games.
313.025. 1. If any applicant for licensure or organizationlicensed under sections 313.005 to 313.080 proposes to conductbingo on leased premises or use leased equipment, the terms ofthe lease shall be reduced to writing and a copy of the leaseshall be submitted to the commission. The commission may approveor disapprove any such lease. No lease which has been approvedby the commission shall be amended, modified or renewed in anymanner until such amendments, modifications or renewals have beenapproved by the commission. No lease providing for a rentalarrangement for premises or equipment for use in the game shallprovide for payment in excess of the reasonable market rentalrate for such premises or equipment and in no case shall anypayment be based on a percentage of gross receipts or proceeds.The reasonable market rental rate shall be determined by thecommission.
2. If any applicant for licensure or any organizationlicensed under the provisions of sections 313.005 to 313.080proposes to purchase or lease bingo supplies, bingo equipment, orbingo services or premises in which bingo will be conducted, theapplicant or licensee may be required at the discretion of thecommission to submit in writing a detailed listing of thesupplies to be purchased or leased together with the quoted pricetherefor and a copy of the lease, if such supplies are to beleased. No purchase or lease of bingo supplies shall provide forpayment in excess of the reasonable market purchase price orreasonable market rental rate for such equipment and in no caseshall any payment be based on a percentage of gross receipts orproceeds. The reasonable market purchase price or reasonablemarket rental rate shall be determined by the commission.
3. Persons who lease premises, sell or lease supplies orequipment, or furnish commodities or services to sponsoringorganizations to conduct bingo games shall take no part inoperating such bingo games.
(L. 1981 H.B. 322 § 5, A.L. 1984 S.B. 720, A.L. 1993 S.B. 10 & 11)Effective 7-1-94
