Savings promotion raffle means a raffle conducted by a domestic credit union where the sole consideration required for a chance of winning designated prizes is the deposit of at least a specified amount of money in a savings account or other savings program offered by the domestic credit union.
Savings promotion raffle means a raffle conducted by a bank where the sole consideration required for a chance of winning designated prizes is the deposit of at least a specified amount of money in a savings account or other savings program offered by the bank.
Savings promotion raffle means a contest in which a financial institution, or an agent of the financial institution, offers a chance for an individual member or depositor to win a designated prize by depositing in the individual member’s or depositor’s share account, deposit certificate account or other savings account a specific amount of money during a specific period of time.
Examples of Savings promotion raffle in a sentence
Savings promotion raffle means a contest conducted by a financial institution or credit union chartered under state or federal law or any agent or employee thereof in which a chance of winning a designated prize is obtained by the deposit of a specified amount of money in a savings account or other savings program if each entry has an equal chance of winning.
More Definitions of Savings promotion raffle
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, where each ticket or entry has an equal chance of being drawn, such contest being subject to regulations that may from time to time be promulgated by the appropriate prudential regulator (as
Savings promotion raffle means a contest:
Savings promotion raffle means a contest in which the sole consideration required
Savings promotion raffle means a contest in which the sole consideration required for a chance of winning designated prizes is
Savings promotion raffle means a contest in which:
Savings promotion raffle. ’ means a con- test in which the sole consideration required for a chance of winning designated prizes is obtained by the deposit of a specified amount
Savings promotion raffle means a contest in which the sole consideration re- quired for a chance of winning designated prizes is obtained by the deposit of a speci- fied amount of money in a savings account or other savings program, where each ticket or entry has an equal chance of being drawn, such contest being subject to regulations that may from time to time be promulgated by the appropriate prudential regulator (as defined in section 1002 of the Consumer Fi- nancial Protection Act of 2010 (12 U.S.C. 5481)).’’; and