Bill Summary for S 513 (2011-2012)
Apr 5 2011
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TO ALLOW CREDIT UNIONS TO CONDUCT SAVINGS PROMOTION RAFFLES.Intro. by Gunn, Clary.
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Identical to H 583, filed 4/1/11.
Enacts new GS 54-109.64 as the title indicates. Makes a conforming change to GS 14-309. Limits the consideration for a chance at winning to the deposit of a minimum amount of money in the credit union's savings account or program. Effective October 1, 2011.