Bill Summary for H 583 (2011-2012)

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Summary date: 

Apr 4 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 583 (Public) Filed Friday, April 1, 2011
TO ALLOW CREDIT UNIONS TO CONDUCT SAVINGS PROMOTION RAFFLES.
Intro. by Sager, Shepard.

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Bill summary

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.