23.16.3203    PRIZES

(1) Prizes awarded to a winner of a fantasy sports league may be cash or merchandise or a combination of both.

(2) If a prize is merchandise, the purchase price paid for the merchandise is considered the value of the prize.

History: 23-5-115, MCA; IMP, 23-5-801, 23-5-805, MCA; NEW, 1991 MAR p. 1942, Eff. 10/18/91.