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2018 California Code
Business and Professions Code - BPC
DIVISION 8 - SPECIAL BUSINESS REGULATIONS
CHAPTER 4 - Horse Racing
ARTICLE 9.5 - License Fees, Commissions, and Purses
Section 19610.1.
Universal Citation: CA Bus & Prof Code § 19610.1 (2018)
19610.1.
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.
(Added by Stats. 1984, Ch. 1739, Sec. 2. Effective September 30, 1984.)
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