Idaho § 67-7434 - Lottery dividends
Full text of Idaho Idaho Statutes § 67-7434 — Lottery dividends, with citation guidance and answers to common questions.
§ 67-7434. Lottery dividends
Annually, on July 1, the lottery shall transfer three-eighths (3/8) of its net income to the permanent building fund and five-eighths (5/8) of its net income to the school district facilities fund pursuant to section 33-911 , Idaho Code, after reserving sufficient moneys to ensure the continuation of the lottery, as determined by the director and commission.
[67-7434 added 1988, ch. 232, sec. 2, p. 457; am. 1990, ch. 377, sec. 3, sec. 6, p. 1045; am. 1991, ch. 110, sec. 4, p. 238; am. 2009, ch. 344, sec. 1, p. 1078; am. 2014, ch. 337, sec. 1, p. 834; am. 2024, ch. 237, sec. 31, p. 832.]
Frequently Asked Questions About Idaho § 67-7434
What does Idaho Statutes § 67-7434 cover?
Section 67-7434 ("Lottery dividends") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 67-7434?
A common citation format is "Idaho Statutes § 67-7434" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 67-7434 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.