Tex. Fin. Code Section 280.005
Account or Deposit Not Consideration


For purposes of Chapter 47 (Gambling), 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.
Added by Acts 2017, 85th Leg., R.S., Ch. 978 (H.B. 471), Sec. 3, eff. November 7, 2017.

Source: Section 280.005 — Account or Deposit Not Consideration, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­280.­htm#280.­005 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 280.005’s source at texas​.gov