Friday, August 07, 2009

FayObserver.com - -

FayObserver.com - -: ": Actually, nonprofits CAN raffle real property now because the law just changed. - D.H., Raleigh

A: Thanks to David Heinen of the N.C. Center for Nonprofits for correcting us.

We'd obviously missed the fact that this law changed on June 1, and it now permits nonprofit groups to raffle real property with an appraised value of up to $500,000."

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