{"data":{"id":"us-nc/n.c.-gen.-stat.-54-109.64","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 54-109.64","heading":"Savings promotion raffles.","body":"A credit union 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 credit union. A credit union 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 credit union. (2011­146, s. 2.)","path":["Chapter 54. Cooperative Organizations.","SUBCHAPTER III. CREDIT UNIONS.","Article 14F. Savings Accounts."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_54/GS_54-109.64.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:32Z","sha256":"fbcf41ca8ce24904a8d644d476b44e85780ca83868115f395295c24fb1d9ec09","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-54-109.63","next":"us-nc/n.c.-gen.-stat.-54-109.65"},"notice":"GroundRules: Original legal text. Not legal advice."}