American Savings Promotion Act

id: american-savings-promotion-act-297-17852140
title: American Savings Promotion Act
text: The American Savings Promotion Act is a United States federal statute that authorizes some financial institutions to conduct a contest, known as a "savings promotion raffle," in which the sole consideration required for a chance of winning designated prizes is obtained by the deposit of a specified amount of money in a savings account or program, where each ticket or entry has an equal chance of being drawn. Such accounts are also known as prize-linked savings accounts. The bill was introduced i
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/American_Savings_Promotion_Act
date created:
date modified: 2024-01-13T01:53:09Z
main entity: {"identifier":"Q18148140","url":"https://www.wikidata.org/entity/Q18148140"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5c/Great_Seal_of_the_United_States_%28obverse%29.svg","width":600,"height":600}
fields total: 13
integrity: 14

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