{"data":{"id":"us-nc/n.c.-gen.-stat.-53c-6-20","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 53C-6-20","heading":"Savings promotion raffles.","body":"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).)","path":["Chapter 53C. Regulation of Banks.","Article 6. Bank Operations."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_53C/GS_53C-6-20.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:27Z","sha256":"c950a793d2f0684e18f5cff793120a3ffef9bde82b8a3da93c5068b9094cfb82","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-53c-6-19","next":"us-nc/n.c.-gen.-stat.-53c-7-101"},"notice":"GroundRules: Original legal text. Not legal advice."}