Pennsylvania § 9346 Standardbred horse racing purse money

Pennsylvania Statutes

§ 9346 — Standardbred horse racing purse money

Pennsylvania § 9346

JurisdictionPennsylvania

Title 3AGRICULTURE

PartPART VIII

Ch. 93RACE HORSE INDUSTRY REFORM

Subch.RACING OVERSIGHT

This text of Pennsylvania § 9346 (Standardbred horse racing purse money) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

3 Pa. Cons. Stat. § 9346 (2026).

Text

A licensed racing entity that conducts standardbred horse racing must place on deposit with the commission by March 1 of each year an irrevocable letter of credit equivalent to its average weekly purse total from the immediate prior year. The commission shall hold the letter of credit in trust for the standardbred horsemen racing at that licensed racing entity's horse race meeting if the purse checks are not issued or insufficient funds are available to cover the purse checks.

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A licensed racing entity that conducts standardbred horse racing must place on deposit with the commission by March 1 of each year an irrevocable letter of credit equivalent to its average weekly purse total from the immediate prior year. The commission shall hold the letter of credit in trust for the standardbred horsemen racing at that licensed racing entity's horse race meeting if the purse checks are not issued or insufficient funds are available to cover the purse checks.