ยง 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.
Structure New York Laws
Article 5 - Creation, Definition and Enforcement of Contractual Obligations
Title 4 - Contracts Relating to Wagering; Forfeiture and Recovery of Certain Property
5-401 - Illegal Wagers, Bets and Stakes.
5-411 - Contracts on Account of Money or Property Wagered, Bet or Staked Are Void.
5-413 - Securities for Money Lost at Gaming, Void.
5-415 - Certain Transfers of Property in Pursuance of Lottery, Void.
5-417 - Contracts, Agreements and Securities on Account of Raffling, Void.
5-419 - Property Staked May Be Recovered.
5-421 - Losers of Certain Sums May Recover Them.
5-423 - Money Paid for Lottery Tickets May Be Recovered by Action.