Montana § 23-4-105 - Authority Of Board
Full text of Montana Montana Code Annotated § 23-4-105 — Authority Of Board, with citation guidance and answers to common questions.
§ 23-4-105. Authority Of Board
Authority of board. (1) The board shall license and regulate racing, match bronc rides, and wild horse rides and review race meets held in this state under this chapter. All percentages withheld from amounts wagered, amounts set aside pursuant to 23-4-202 (4)(d), percentages collected pursuant to 23-4-204 (3), percentages collected pursuant to 23-4-302 (3) and (5)(b), and money collected pursuant to 23-4-304 (1)(a) and (1)(b) must be deposited in a state special revenue account and are statutorily appropriated to the board as provided in 17-7-502 . The board shall then distribute all funds collected under 23-4-202 (4)(d), 23-4-204 (3), 23-4-302 (3) and (5)(b), and 23-4-304 (1)(a) and (1)(b) to live race purses or for other purposes for the good of the existing horseracing industry. If the board decides to authorize new forms of racing, including new forms of simulcast racing, not currently authorized in Montana, the board shall do so after holding public hearings to determine the effects of these forms of racing on the existing saddle racing program in Montana. The board shall consider both the economic and safety impacts on the existing racing and breeding industry. (2) Funds retained by the board in a state special revenue fund pursuant to 23-4-302 (1) and (4) are statutorily appropriated to the board as provided in 17-7-502 for the operation of a simulcast parimutuel network and for other purposes that the board considers appropriate for the good of the existing horseracing industry.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 23-4-105
What does Montana Code Annotated § 23-4-105 cover?
Section 23-4-105 ("Authority Of Board") is part of the Montana Code Annotated, the codified statutory law of Montana. 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 Montana § 23-4-105?
A common citation format is "Montana Code Annotated § 23-4-105" (Montana). 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 Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 23-4-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana 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 Montana.