New Jersey Statutes

§ 5:5-126 — Distribution of amounts resulting from parimutuel pool for out-of-State program.

New Jersey § 5:5-126
JurisdictionNew Jersey
Title 5AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS

This text of New Jersey § 5:5-126 (Distribution of amounts resulting from parimutuel pool for out-of-State program.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 5:5-126 (2026).

Text

38. a. If a receiving track which is authorized by the New Jersey Racing Commission to receive the racing program, in full or in part, from an out-of-State sending track pursuant to section 37 of this act is not conducting live racing at the time of receiving the out-of-State races, the amount resulting from the takeout rate shall be distributed as follows:

(1)(Deleted by amendment, P.L.1993, c.353.) (2) .50% of the parimutuel pool generated at the in-State receiving track shall be deposited as follows:
(a)in the case of an in-State receiving track which conducts harness races, in the special trust account established pursuant to or specified in section 46a.
(2)of P.L.1940, c.17 (C.5:5-66), section 2b. of P.L.1984, c.236 (C.5:5-66.1), section 5a.
(1)of P.L.1982, c.201 (C.5:5-98), or sect

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Bluebook (online)
New Jersey § 5:5-126, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/5/5%3A5-126.