Montana Statutes
§ 23-7-401 — State Lottery Fund
Montana·Title 23 PARKS, RECREATION, SPORTS, AND GAMBLING·Ch. 7 STATE LOTTERY·Part 4 Finances and Audits
23-7-401 . State lottery fund. There is a fund of the enterprise fund type, as defined in 17-2-102 , to be known as the state lottery fund. The gross revenue from the state lottery, consisting of money from the sale of lottery tickets, chances, wagers, and bets, sales agent license fees, unclaimed prizes, or any other source, must be deposited in the fund, except that, at the discretion of the director, money for prizes paid immediately by a sales agent and money equaling the sales agent's commission may be drawn by a sales agent from the agent's gross revenue before depositing the gross revenue with the state lottery.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 23-7-401 (State Lottery Fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 12, Ch. 669, L. 1985; Sec. 23-5-1026 , MCA 1989; redes. 23-7-401 by Sec. 57, Ch. 647, L. 1991; amd. Sec. 377, Ch. 56, L. 2009; amd. Sec. 20, Ch. 284, L. 2019.
Nearby Sections
15
§ 23-7-101
Short Title§ 23-7-102
Purpose§ 23-7-103
Definitions§ 23-7-104
Authorization Of Sports Wagering§ 23-7-105
Through 23-7-109 Reserved§ 23-7-110
Penalties§ 23-7-201
State Lottery And Sports Wagering Commission -- Allocation -- Composition -- Compensation -- Quorum§ 23-7-202
Powers And Duties Of Commission§ 23-7-203
Repealed§ 23-7-204
Through 23-7-209 Reserved§ 23-7-211
Powers And Duties Of Director§ 23-7-301
Sales Agents -- Licenses§ 23-7-302
Sales Restrictions