Del. Code tit. 11 § 1408A

Current through 2024 Legislative Session Act Chapter 531
Section 1408A - Savings promotion raffle not gambling

A savings promotion raffle that conforms with the requirement of Section 933 of Title 5 is not gambling and does not constitute a lottery unless the chance to win a prize requires consideration. The deposit of a specified minimum amount of money in a savings account or other savings program that results in an entry in a savings promotion raffle is not consideration.

11 Del. C. § 1408A

Added by Laws 2017, ch. 13,s 2, eff. 5/2/2017.