New York § 5-417 Contracts, agreements and securities on account of raffling, void

New York Statutes

§ 5-417 — Contracts, agreements and securities on account of raffling, void

New York § 5-417

Law GOBGeneral Obligations

Title 4Contracts Relating to Wagering; Forfeiture and Recovery of Certain Property

Art. 5Creation, Definition and Enforcement of Contractual Obligations

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Bluebook

N.Y. General Obligations § 5-417 (2026).

Text

  § 5-417. Contracts, agreements and securities on account of raffling,\nvoid. All contracts, agreements and securities given, made or executed,\nfor or on account of any raffle, or distribution of money, goods or\nthings in action, for the payment of any money, or other valuable thing,\nin consideration of a chance in such raffle or distribution, or for the\ndelivery of any money, goods or things in action, so raffled for, or\nagreed to be distributed as aforesaid, shall be utterly void.\n

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§ 5-417. Contracts, agreements and securities on account of raffling,\nvoid. All contracts, agreements and securities given, made or executed,\nfor or on account of any raffle, or distribution of money, goods or\nthings in action, for the payment of any money, or other valuable thing,\nin consideration of a chance in such raffle or distribution, or for the\ndelivery of any money, goods or things in action, so raffled for, or\nagreed to be distributed as aforesaid, shall be utterly void.\n