§ 235 — Rules for the conduct of pari-mutuel betting

§ 235. Rules for the conduct of pari-mutuel betting. 1. The commission\nshall make rules regulating the conduct of pari-mutuel betting, as\nauthorized pursuant to this chapter.\n 2. The rules shall provide that all winning pari-mutuel tickets must\nbe presented for payment before April first of the year following the\nyear of their purchase and failure to present any such ticket within the\nprescribed period of time shall constitute a waiver of the right to\nparticipate in the award or dividend.\n 3. The department of taxation and finance is hereby charged with the\nfinancial administration of pari-mutuel betting as herein described and\nas supplemented by the rules and regulations of the commission. The\ndepartment of taxation and finance shall have authority to prescribe the\nforms and the system of accounting to be employed and through its\nrepresentatives shall at all times have access to the issuing or vending\nmachines, the adding machines and all other pari-mutuel betting\nequipment.\n