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With lottery exceptions, can we advertise for others?

Answered by: 

Question: 
Now that banks can participate in lotteries, can we facilitate raffles unrelated to the bank for local service groups- post lobby posters or sell tickets for or be a sponsor, etc.?
Answer: 

The American Savings Promotion Act has carved some exceptions into the rules prohibiting participation in a lottery. These are limited and do not expand to causes outside the bank.
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First published on 07/28/2019

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