Montana § 23-7-401 - State Lottery Fund
Full text of Montana Montana Code Annotated § 23-7-401 — State Lottery Fund, with citation guidance and answers to common questions.
§ 23-7-401. State Lottery Fund
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.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 23-7-401
What does Montana Code Annotated § 23-7-401 cover?
Section 23-7-401 ("State Lottery Fund") 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 § 23-7-401?
A common citation format is "Montana Code Annotated § 23-7-401" (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 § 23-7-401 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.