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This entry was published on 2014-09-22
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SECTION 5-413
Securities for money lost at gaming, void
General Obligations (GOB) CHAPTER 24-A, ARTICLE 5, TITLE 4
§ 5-413. Securities for money lost at gaming, void. All things in
action, judgments, mortgages, conveyances, and every other security
whatsoever, given or executed, by any person, where the whole or any
part of the consideration of the same shall be for any money or other
valuable thing won by playing at any game whatsoever, or won by betting
on the hands or sides of such as do play at any game, or where the same
shall be made for the repaying any money knowingly lent or advanced for
the purpose of such gaming or betting aforesaid, or lent or advanced at
the time and place of such play, to any person so gaming or betting
aforesaid, or to any person who during such play, shall play or bet,
shall be utterly void, except where such securities, conveyances or
mortgages shall affect any real estate, when the same shall be void as
to the grantee therein, so far only as hereinafter declared.

When any securities, mortgages or other conveyances, executed for the
whole or part of any consideration specified in the preceding paragraph
shall affect any real estate, they shall inure for the sole benefit of
such person as would be entitled to the said real estate, if the grantor
or person incumbering the same, had died, immediately upon the execution
of such instrument, and shall be deemed to be taken and held to and for
the use of the person who would be so entitled. All grants, covenants
and conveyances, for preventing such real estate from coming to, or
devolving upon, the person hereby intended to enjoy the same as
aforesaid, or in any way incumbering or charging the same, so as to
prevent such person from enjoying the same fully and entirely, shall be
deemed fraudulent and void.