Tex. Fin. Code § 280.005 · Chapter 280. SAVINGS PROMOTION RAFFLE
ACCOUNT OR DEPOSIT NOT CONSIDERATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
For purposes of Chapter 47, Penal Code, or other state law, opening or making a deposit in an account is not considered a purchase, payment, or provision of a thing of value for participation in a savings promotion raffle and is not considered to require a substantial expenditure of time, effort, or inconvenience.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 978 (H.B. 471), Sec. 3, eff. November 7, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.280.htm
- Text hash
- sha256 1339a970b8f18f695fe7977f3cb381580512ae547cb72ab5b142a98892535a32
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.