A licensed authorized organization may withdraw funds from its bingo account only for:
(1) the payment of necessary or reasonable bona fide expenses, including compensation of personnel, as permitted under Section 2001.458 incurred and paid in connection with the conduct of bingo; or
(2) the disbursement of net proceeds derived from the conduct of bingo as provided by this subchapter.
Official text of the Texas Occupations Code as published by the Texas Legislative Council.