23-4-303. Licensee's right to withhold deposits. Subject to 15-10-420, if a government or governmental agency imposes a levy on a licensee by a special tax on the money deposited under the parimutuel system or upon or against a licensee's receipts, the licensee may withhold in addition to the percent and breakage provided for in 23-4-302 the amount of the tax levied.

     History: En. Sec. 13, Ch. 196, L. 1965; R.C.M. 1947, 62-513; amd. Sec. 125, Ch. 584, L. 1999.