PUBLIC LAW 101-73—AUG. 9, 1989 103 STAT. 281 "(e) PARTICIPATION BY SAVINGS ASSOCIATIONS IN LOTTERIES AND RELATED ACTIVITIES. — "(1) PARTICIPATION PROHIBITED. —No savings association may— "(A) deal in lottery tickets; "(B) deal in bets used as a means or substitute for partici- pation in a lottery; "(C) announce, advertise, or publicize the existence of any lottery; or "(D) announce, advertise, or publicize the existence or ^ identity of any participant or winner, as such, in a lottery. "(2) USE OF FACILITIES PROHIBITED. — No savings association may permit— "(A) the use of any part of any of its own offices by any person for any purpose forbidden to the institution under paragraph (1); or , "(B) direct access by the public from any of its own offices to any premises used by any person for any purpose forbid- den to the institution under paragraph (1). "(3) DEFINITIONS.— For purposes of this subsection— "(A) DEAL IN. — The term 'deal in' includes making, taking, buying, selling, redeeming, or collecting. "(B) LOTTERY. —The term 'lottery' includes any arrange- ment under which— "(i) 3 or more persons (hereafter in this subparagraph referred to as the 'participants') advance money or credit to another in exchange for the possibility or expectation that 1 or more but not all of the partici- Rij pants (hereafter in this paragraph referred to as the 'winners') will receive by reason of those participants' advances more than the amounts those participants - •,;- have advanced; and "(ii) the identity of the winners is determined by any means which includes— "(I) a random selection; "(II) a game, race, or contest; or • ^' "(III) any record or tabulation of the result of 1 or more events in which any participant has no interest except for the bearing that event has on the possibility that the participant may become a winner. "(C) LOTTERY TICKET. —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. "(4) EXCEPTION FOR STATE LOTTERIES.—Paragraphs (1) and (2) shall not apply with respect to any savings association accepting funds from, or performing any lawful services for, any State operating a lottery, or any officer or employee of such a State ^ who is charged with administering the lottery. "(5) REGULATIONS. —The Director shall prescribe such regula- tions as may be necessary to provide for enforcement of this subsection and to prevent any evasion of any provision of this subsection. "(f) FEDERALLY RELATED MORTGAGE LOAN DISCLOSURES.— A sav- ings association may not make a federally related mortgage loan to ^ an agent, trustee, nominee, or other person acting in a fiduciary
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