Missouri § 262.265 - Distribution of pari-mutuel wagering pool if state agency is the licensee.
Full text of Missouri Revised Statutes of Missouri § 262.265 — Distribution of pari-mutuel wagering pool if state agency is the licensee., with citation guidance and answers to common questions.
§ 262.265. Distribution of pari-mutuel wagering pool if state agency is the licensee.
Those portions of a pari-mutuel wagering pool which are allocated by law or rule of the commission for purse money or for distribution to holders of winning tickets shall not represent revenue collected and moneys received by the state if the organization licensed to conduct pari-mutuel wagering under section 313.580 is a state agency. Such state agency licensee may pay purse money or holders of winning tickets in any manner consistent with rules promulgated by the commission.
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(L. 1986 S.B. 572)
Effective 5-06-86
---- end of effective 06 May 1986 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 262.265
What does Revised Statutes of Missouri § 262.265 cover?
Section 262.265 ("Distribution of pari-mutuel wagering pool if state agency is the licensee.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. 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 Missouri § 262.265?
A common citation format is "Revised Statutes of Missouri § 262.265" (Missouri). 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 Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 262.265 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri 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 Missouri.