California Statutes
§ 19555. — 19555. (Added by Stats. 1959, Ch. 1828.)
California § 19555.
JurisdictionCalifornia
Code BPCBusiness and Professions Code - BPC
Div. 8.DIVISION 8. SPECIAL BUSINESS REGULATIONS
Ch. 4.CHAPTER 4. Horse Racing
Art. 7.ARTICLE 7. Charity Racing Days
This text of California § 19555. (19555. (Added by Stats. 1959, Ch. 1828.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Business and Professions Code - BPC Code § 19555. (2026).
Text
Each licensee shall pay over such charity days’ net proceeds to such distributing agent as soon as practicable after the determination thereof, and such agent or agents shall hereafter distribute not less than 90 percent of the aggregate proceeds from charity days’ racing received and available for distribution by it to beneficiaries within 12 calendar months after the last day of the meeting during which such charity days were conducted. The balance, if any, of such aggregate charity days’ net proceeds not distributed within such 12-month period shall be distributed as soon thereafter as is practicable.
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Legislative History
Added by Stats. 1959, Ch. 1828.
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Bluebook (online)
California § 19555., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/BPC/19555..