GENERAL ASSEMBLY OF NORTH CAROLINA
1993 SESSION

CHAPTER 219
HOUSE BILL 97

AN ACT TO INCREASE THE LIMIT ON CASH PRIZES FOR RAFFLES.

The General Assembly of North Carolina enacts:

Section 1.  G.S. 14-309.15(d) reads as rewritten:
"(d)	The maximum cash prize that may be offered or paid for any one raffle is five thousand dollars ($5,000) and if merchandise is used as a prize, and it is not redeemable for cash, the maximum fair market value of that prize may be twenty-five thousand dollars ($25,000).  No real property may be offered as a prize in a raffle."
Sec. 2.  For the purposes of this act government entities within the State of North Carolina shall be considered nonprofit as defined in G.S. 105-130.11(a).
Sec. 3.  This act is effective upon ratification.
In the General Assembly read three times and ratified this the 28th day of June, 1993.

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Dennis A. Wicker
President of the Senate

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Daniel Blue, Jr.
Speaker of the House of Representatives