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North Carolina · Through S.L. 2026-30

N.C. Gen. Stat. § 53C-6-20: Savings promotion raffles.

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Where this section sits in the code
  1. Chapter 53C. Regulation of Banks.
  2. Article 6. Bank Operations.

A bank may offer a savings promotion raffle in which the sole consideration required for a chance of winning designated prizes is the deposit of a minimum specified amount of money in a savings account or other savings program offered by the bank. A bank shall maintain records sufficient to facilitate an audit of the savings promotion raffle, shall conduct the savings promotion raffle in a safe and sound manner, and shall fully disclose the terms and conditions of the promotion to account holders and prospective account holders of the bank. (2019-173, s. 2(b).)

Collected 2026-08-27T18:05:27Z. Source file · JSON

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