2006 Kentucky Revised Statutes - .777   Applicability of KRS 230.378, 230.379, and 230.380 for residents of Kentucky -- Establishment of accounts for out-of-state individuals.

230.777 Applicability of KRS 230.378, 230.379, and 230.380 for residents of Kentucky -- Establishment of accounts for out-of-state individuals. (1) Except as otherwise provided in KRS 230.775 to 230.785, the provisions of KRS 230.378, 230.379, and 230.380 shall apply to the establishment of authorized hub accounts for residents of the Commonwealth of Kentucky. (2) Accounts may be established for individuals outside of the Commonwealth of Kentucky, including foreign jurisdictions, if: (a)  Pari-mutuel wagering on horse racing is lawful in the jurisdiction of the account holder's principal residence; and (b)  The hub complies with the Interstate Horseracing Act, 15 U.S.C. secs. 3001 to 3007. The call center used in the operations of the hub shall not be located on state property. No more than four (4) hubs shall be licensed in the Commonwealth at any one (1) time. Effective: July 13, 2004 History: Created 2004 Ky. Acts ch. 173, sec. 3, effective July 13, 2004. Page 1 of 1