General Obligations Law 5-417 — Legislation
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SECTION 5-415
Certain transfers of property in pursuance of lottery, void
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TITLE 4
Contracts Relating to Wagering; Forfeiture and Recovery of Certain Property
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SECTION 5-419
Property staked may be recovered
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SECTION 5-417
Contracts, agreements and securities on account of raffling, void
General Obligations (GOB) CHAPTER 24-A, ARTICLE 5, TITLE 4
§ 5-417. Contracts, agreements and securities on account of raffling,
void. All contracts, agreements and securities given, made or executed,
for or on account of any raffle, or distribution of money, goods or
things in action, for the payment of any money, or other valuable thing,
in consideration of a chance in such raffle or distribution, or for the
delivery of any money, goods or things in action, so raffled for, or
agreed to be distributed as aforesaid, shall be utterly void.