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Can I offer contests that involve travel prizes in South Carolina? What are the requirements?
Contests with Travel Prizes in South Carolina
Based on the information provided in the context documents, it appears that contests involving travel prizes are not specifically addressed in South Carolina law. However, there are some relevant laws and regulations that you should consider.
Savings Promotion Contests
Financial institutions authorized to do business in South Carolina may conduct savings promotion contests in accordance with the provisions of SCCL 34-45-30 [2.1]. These contests are intended to encourage depositors to maintain savings accounts and increase personal savings.
Lotteries and Raffles
Lotteries or raffles of any type whatsoever are unlawful unless authorized by the South Carolina Education Lottery Commission, Charitable Bingo, or Nonprofit Raffles for Charitable Purposes [4.1]. If your contest involves a lottery or raffle, it must be conducted by the South Carolina Education Lottery Commission or a qualified nonprofit organization that is registered with the Secretary of State and meets certain requirements [4.2].
Standards for Raffles
If your contest involves a raffle, no less than ninety percent of the net receipts must be used for the charitable purpose of the organization conducting the raffle [4.3].
Claiming Prizes
If you offer a contest that involves prizes, you should be aware of the requirements for claiming prizes outlined in SCSR Section 44-70 [3.1]. A claim must be entered in the name of a single natural person, and no claim may be paid to an individual who is not eighteen years of age.
Conclusion
If your contest involves a lottery or raffle, you must follow the relevant requirements outlined in the context documents. If your contest does not involve a lottery or raffle, there may not be specific requirements, but you should consult with a legal professional to ensure compliance with all applicable laws and regulations.
Source(s):
- [2.1] Savings promotion contests authorized.
- [3.1] Claiming Prizes.
- [4.1] Lotteries or raffles unlawful unless authorized.
- [4.2] Nonprofit organization qualification to conduct raffles; exemptions; annual raffle form and fee; revocation of registration; investigation.
- [4.3] Standards for raffles.
Jurisdiction
South Carolina