Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 19557 — Charity Racing Days

Cal. Bus. & Prof. Code § 19557

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Within the 12-month period specified in Section 19555, and prior to the payment of any charity days’ net proceeds to any beneficiary, the distributing agent shall submit the name of the beneficiary to the board for the board’s approval.

Citator

Cal. Bus. & Prof. Code § 19557 — Charity Racing Days is in force in the current edition of the Code, and nothing recorded condemns it.

Within the 12-month period specified in Section 19555, and prior to the payment of any charity days’ net proceeds to any beneficiary, the distributing agent shall submit the name of the beneficiary to the board for the board’s approval.

If the board does not disapprove of the beneficiary within 60 days after the submission, its approval shall be deemed to have been given.