AN ACT TO ALLOW CREDIT UNIONS TO CONDUCT SAVINGS PROMOTION RAFFLES. Summarized in Daily Bulletin 4/5/11. Enacted June 16, 2011. Effective October 1, 2011.
Bill Summaries: S 513 ALLOW SAVINGS PROMOTION RAFFLES.
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Summary date: Jun 16 2011 - View Summary
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Bill S 513 (2011-2012)Summary date: Apr 5 2011 - View Summary
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.