Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 19597 — Wagering
Cal. Bus. & Prof. Code § 19597
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2001-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding any other provision of this chapter, a person licensed under this chapter to conduct a horse racing meeting shall, as to any payment made to a person who has wagered by contributing to a parimutuel pool operated by such licensee, also deduct the applicable breakage, as defined by…
Citator
Cal. Bus. & Prof. Code § 19597 — Wagering is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding any other provision of this chapter, a person licensed under this chapter to conduct a horse racing meeting shall, as to any payment made to a person who has wagered by contributing to a parimutuel pool operated by such licensee, also deduct the applicable breakage, as defined by Section 19405.