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PUBLIC LAW 90-203-DEC. 15, 1%7

[81 STAT.

(b) that on or after the date of enactment the Secretary of Labor is authorized to issue such rules and regulations as may be necessary to carry out its provisions. APPROPRIATIONS

SEC. 16. There are hereby authorized to be appropriated such sums, not in excess of $3,0,000 for any fiscal year, as may be necessary to carry out this Act. Approved December 15, 1967.

Public Law 90-203 AN ACT December 15, 1967 [H.R. 10595] To prohibit certain banks and savings and loan associations from fostering or participating in gambling activities.

National banks. Prohibited activities, 12 USC 24.

Definitions.

Be it enacted by the Senate and House of Re2>resentati'ves of the United States of America in Congress assembled. SECTION 1. (a) Chapter 1 of title L X II of the Revised Statutes is amended by inserting, immediately after section 51fS6, the following new section: "SEC, 5136A. (a) A national bank may not— "(1) deal in lottery tickets; "(2) deal in bets used as a means or substitute for participation in a lottery; "(3) announce, advertise, or publicize the existence of any lottery; " (4) announce, advertise, or publicize the existence or identity of any participant or winner, as such, in a lottery. " (b) A national bank may not permit— "(1) the use of any part of any of its banking offices by any person for any purpose forbidden to the bank under subsection (a), or " (2) direct access by the public from any of its banking offices to any premises used by any person for any purpose forbidden to the bank under subsection (a). "(c) As used in this section— " (1) The term 'deal in' includes making, taking, buying, selling, redeeming, or collecting. "(2) The term 'lottery' includes any arrangement whereby three or more persons (the'participants') advance money or credit to another in exchange for the possibility or expectation that one or more but not all of the participants (the 'winners') will receive by reason of their advances more than the amounts they have advanced, the identity of the winners being determined by any means which includes— " (A) a random selection; " (B) a game, race, or contest; or " (C) any record or tabulation of the result of one or more events in which any participant has no interest except for its bearing upon the possibility that he may become a winner. "(3) The term 'lottery ticket' includes any right, privilege, or possibility (and any ticket, receipt, record, or other evidence of any such right, privilege, or possibility) of becoming a winner in a lottery.

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