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The agency's four divisions license and regulate the state's commercial casinos, horse racing, some charitable gaming, and related suppliers and employees; and audit the Native American casinos' Class III revenue. [1] [3] [5] Other forms of charitable gaming, such as bingo and raffles, are regulated by the Michigan Lottery.
With the increasing popularity of online bingo, a charity bingo site called "BigHeartBingo" and BigHeartBingo.com has been set up on a nonprofit basis to raise funds for charity in the same way that lotteries do. BigHeartBingo was founded by Jeremy Collis, formerly CEO of Littlewoods Lotteries, the largest provider of charity lotteries in the UK.
If an organization is to qualify for tax exempt status, the organization's (a) charter — if a not-for-profit corporation — or (b) trust instrument — if a trust — or (c) articles of association — if an association — must specify that no part of its assets shall benefit any people who are members, directors, officers or agents (its principals).
The Michigan Gaming Control and Revenue Act, passed by Michigan voters in 1996 as Proposal E and then expanded and signed into law as the Public Act 69 of 1997, allows non-Native American casino gaming in Michigan. [1] [2] The proposal was approved by 51.51% of the voters on November 5, 1996. [3] [4] The text of the proposal as passed by voters:
A referendum upholding some changes to the Michigan Bingo Act Failed 1,511,063 (43.83%) 1,936,198 (56.17%) Proposal B A constitutional amendment requiring that all judges have practiced law at least five years before becoming judges Passed 2,806,833 (81.68%) 629,402 (18.32%) Proposal C
The West publication is Michigan Compiled Laws Annotated (MCLA); the LexisNexis version is the Michigan Compiled Laws Service (MCLS). Until the year 2000, an alternate codification known as the Michigan Statutes Annotated (MSA), which differed from the MCL in both its organization and numbering system, was also in use. Until the discontinuation ...
A mutual-benefit corporation can be non-profit or not-for-profit in the United States, but it cannot obtain IRS 501(c)(3) non-profit status as a charitable organization. [1] It is distinct in U.S. law from public-benefit nonprofit corporations, and religious corporations. Mutual benefit corporations must still file tax returns and pay income ...
In philanthropy, donor intent is the purpose, sometimes publicly expressed, for which a philanthropist intends a charitable gift or bequest.Donor intent is most often expressed in gift restrictions, terms, or agreements between a donor and donee, but it may also be expressed separately in the words, actions, beliefs, and giving practices of a philanthropist.