Raffles are subject to the following limitations:
(A) The aggregate retail value of all prizes or merchandise awarded by a licensee in a single raffle under this subchapter is limited to $50,000;
(B) The maximum retail value of each prize awarded by a licensee in a single raffle is limited to $35,000;
(C) The maximum price which may be charged for each raffle ticket issued or sold is limited to $200; and
(D) The maximum number of days during which chances may be issued or sold is limited to 180 days.
(1977 Code, § 3:6-13) (Ord. passed 11-13-2001)