The con­duct­ing of raf­fles is sub­ject to the fol­low­ing restrictions:

(A) The entire net pro­ceeds of any raf­fle must be exclu­sive­ly devot­ed to the law­ful pur­pos­es of the orga­ni­za­tion per­mit­ted to con­duct that game.

(B) No per­son except a bona fide mem­ber of the spon­sor­ing orga­ni­za­tion may par­tic­i­pate in the man­age­ment or oper­a­tion of the raffle.

(C) No per­son may receive any remu­ner­a­tion or prof­it for par­tic­i­pat­ing in the man­age­ment or oper­a­tion of the raffle.

(D) A licensee may rent a premis­es on which to deter­mine a win­ning chance or chances in a raf­fle only from an orga­ni­za­tion which has also been licensed under this Article.

(E) Raf­fle chances may be sold or issued only at the loca­tions spec­i­fied on the license, and win­ning chances may be deter­mined only at those loca­tions spec­i­fied on the license.

(F) A per­son under the age of eigh­teen (18) years may par­tic­i­pate in the con­duct­ing of raf­fles or chances only with the per­mis­sion of a par­ent or guardian.  A per­son under the age of eigh­teen (18) years may be with­in the area where win­ning chances are being deter­mined only when accom­pa­nied by his par­ent or guardian.