Okla. Stat. tit. 6, § 6-908
This is the official text of Okla. Stat. tit. 6, § 6-908, part of Oklahoma’s Stat. tit. 6, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 6,." Browse the sections below, each linked to its official government source.
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Banks and credit unions authorized to offer savings
Official statutory text
promotion raffles.
A. As used in this section, the term "savings promotion raffle"
means a contest in which the sole consideration required for a
chance of winning designated prizes is obtained by the deposit of a
specified amount of money in a savings account or other savings
program and each ticket or entry has an equal chance of being drawn,
with such contest being subject to regulations that may from time to
time be promulgated by the bank's or credit union's primary
regulator.
B. Oklahoma banks and credit unions are authorized to offer
savings promotion raffles.
A. As used in this section, the term "savings promotion raffle"
means a contest in which the sole consideration required for a
chance of winning designated prizes is obtained by the deposit of a
specified amount of money in a savings account or other savings
program and each ticket or entry has an equal chance of being drawn,
with such contest being subject to regulations that may from time to
time be promulgated by the bank's or credit union's primary
regulator.
B. Oklahoma banks and credit unions are authorized to offer
savings promotion raffles.
Status: in_force · Read it on the official government site
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