Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 19610.1 — License Fees, Commissions, and Purses

Cal. Bus. & Prof. Code § 19610.1

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Date
1984-09-30
Current through
Nov 2, 2026 (California Legislative Counsel)

Every association which conducts a harness racing meeting and deducts 17.75 percent of the total amount handled in exotic parimutuel pools shall use 1 percent of the total amount handled in the exotic parimutuel pools to fund the California Standardbred Sires Stakes Program. The 1 percent shall…

Citator

Cal. Bus. & Prof. Code § 19610.1 — License Fees, Commissions, and Purses is in force in the current edition of the Code, and nothing recorded condemns it.

Every association which conducts a harness racing meeting and deducts 17.75 percent of the total amount handled in exotic parimutuel pools shall use 1 percent of the total amount handled in the exotic parimutuel pools to fund the California Standardbred Sires Stakes Program. The 1 percent shall be deposited into the separate trust account provided for in Section 19619.