5:8-40. Immunity from prosecution; exceptions
No person or corporation
(1) lawfully conducting, or participating in the conduct of,
(2) possessing, selling or in any manner disposing of, any shares, tickets or rights to participate in, or
(3) permitting the conduct upon any premises owned by him or it, of, any game of chance conducted or to be conducted under any license lawfully issued pursuant to this act, shall be liable to prosecution or conviction for violation of any provision of chapters 112 and 121 of Title 2A, or of section 2A:170-18 of the New Jersey Statutes, but this immunity shall not extend to any person or corporation knowingly conducting or participating in the conduct of any game of chance under any license obtained by any false pretense or statement made in any application for such license or otherwise, or possessing, selling or disposing of shares, tickets or rights to participate in, or permitting the conduct upon any premises owned by him or it of, any game of chance conducted under any license known to him or it to have been obtained by any such false pretense or statement.
L.1954, c. 6, p. 41, s. 17. Amended by L.1955, c. 160, p. 691, s. 10.