Montana § 23-5-805 - Payouts -- Administrative Fees Charged By Commercial Establishments
Full text of Montana Montana Code Annotated § 23-5-805 — Payouts -- Administrative Fees Charged By Commercial Establishments, with citation guidance and answers to common questions.
§ 23-5-805. Payouts -- Administrative Fees Charged By Commercial Establishments
Payouts -- administrative fees charged by commercial establishments. (1) Except as provided in subsection (2)(b), the total value of payouts to all league members must equal the amount collected for entrance, administrative, and transactions fees, minus payment for administrative expenses. (2) (a) Except as provided in subsection (2)(b), if a commercial establishment charges an administrative fee for conducting a fantasy sports league, the fee for each participant may not be more than 15% of the amount charged as a participant's entrance fee. (b) The parimutuel network, as defined in 23-4-101 , shall distribute all funds wagered on fantasy sports leagues in any wagering pool pursuant to the requirements of 23-4-302 and 23-4-304 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 23-5-805
What does Montana Code Annotated § 23-5-805 cover?
Section 23-5-805 ("Payouts -- Administrative Fees Charged By Commercial Establishments") 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 § 23-5-805?
A common citation format is "Montana Code Annotated § 23-5-805" (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 § 23-5-805 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.