Statute · New York General Obligations Law

N.Y. Gen. Oblig. Law § 5-417 — Contracts, agreements and securities on account of raffling, void

N.Y. Gen. Oblig. Law § 5-417

Type
Statute
Source
New York General Obligations Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 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…

Citator

N.Y. Gen. Oblig. Law § 5-417 — Contracts, agreements and securities on account of raffling, void is in force in the current edition of the Code, and nothing recorded condemns it.

§ 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.