Section Jus 1407.01 - Gifts(a) The bureau shall permit promotional activity which includes the offering of intangible property as an inducement to visit a condominium: (1) To attend a meeting at which a condominium will be discussed; or (2) To acquire an interest in a condominium unit, only if the bureau finds that: a. The promotional activity does not constitute participation in a lottery, or a contest of the like;b. The offer is not being made in a manner dependent on or connected with chance; c. The offeree will obtain the benefits of the gift on the day of his or her visit to the condominium or attendance at the meeting at which the condominium will be discussed; d. Permitting the offering will not be inconsistent with the protection of purchasers pursuant to RSA 356-B; ande. Enforcement of RSA 356-B:50, IV is not necessary in the public interest or for the protection of purchasers by reason of the small amount involved or the limited character of the offering. (b) For the purposes of (a)(2)b., above, "chance" means "a happenstance, a fortuity, or luck" and shall not necessarily have the meaning ascribed to it in any New Hampshire statute relating to gambling or games of chance. N.H. Admin. Code § Jus 1407.01
(See Revision Note at chapter heading for Jus 1400) #9783-A, eff 9-11-10
Amended by Volume XXXIX Number 46, Filed November 14, 2019, Proposed by # 12910, Effective 10/24/2019, Expires 10/24/2029.