California § 19613.5. 19613.5. (Added by Stats. 1980, Ch. 76, Sec. 2.)

California Statutes

§ 19613.5. — 19613.5. (Added by Stats. 1980, Ch. 76, Sec. 2.)

California § 19613.5.

JurisdictionCalifornia

Code BPCBusiness 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

This text of California § 19613.5. (19613.5. (Added by Stats. 1980, Ch. 76, Sec. 2.)) 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 § 19613.5. (2026).

Text

Notwithstanding any other provision of this chapter, of the amount deducted for license fees, commissions, and purses from parimutuel pools at a racing meeting an amount may be retained and distributed for payment of any actual losses sustained at the meeting on parimutuel minus pools prior to the distribution of license fees, commissions, and purses. The proportion of license fees, commissions, and purses distributed for payment of such parimutuel minus pools shall be in the same proportion as they would be distributed in the provision under which they were deducted.

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Notwithstanding any other provision of this chapter, of the amount deducted for license fees, commissions, and purses from parimutuel pools at a racing meeting an amount may be retained and distributed for payment of any actual losses sustained at the meeting on parimutuel minus pools prior to the distribution of license fees, commissions, and purses. The proportion of license fees, commissions, and purses distributed for payment of such parimutuel minus pools shall be in the same proportion as they would be distributed in the provision under which they were deducted.