California § 19610. 19610. (Amended by Stats. 1984, Ch. 1739, Sec. 1.)

California Statutes

§ 19610. — 19610. (Amended by Stats. 1984, Ch. 1739, Sec. 1.)

California·Code BPC Business and Professions Code - BPC·Div. 8. DIVISION 8. SPECIAL BUSINESS REGULATIONS·Ch. 4. CHAPTER 4. Horse Racing·Art. 9.5. ARTICLE 9.5. License Fees, Commissions, and Purses

Every association which conducts a racing meeting shall deduct 15 percent of the total amount handled in conventional parimutuel pools and 16.75 percent of the total amount handled in exotic parimutuel pools, except that any association conducting a harness racing meeting shall deduct 17.75 percent of the total amount handled in exotic parimutuel pools. The amounts as deducted shall be distributed as prescribed in this chapter.

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Every association which conducts a racing meeting shall deduct 15 percent of the total amount handled in conventional parimutuel pools and 16.75 percent of the total amount handled in exotic parimutuel pools, except that any association conducting a harness racing meeting shall deduct 17.75 percent of the total amount handled in exotic parimutuel pools. The amounts as deducted shall be distributed as prescribed in this chapter.

California § 19610. (19610. (Amended by Stats. 1984, Ch. 1739, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.