2012 US Code
Title 15 - Commerce and Trade
Chapter 57 - INTERSTATE HORSERACING (§§ 3001 - 3007)
Section 3005 - Liability and damages
| Publication Title | United States Code, 2012 Edition, Title 15 - COMMERCE AND TRADE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 57 - INTERSTATE HORSERACING Sec. 3005 - Liability and damages |
| Contains | section 3005 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 95-515, §6, Oct. 25, 1978, 92 Stat. 1814. |
| Statutes at Large Reference | 92 Stat. 1814 |
| Public Law Reference | Public Law 95-515 |
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Any person accepting any interstate off-track wager in violation of this chapter shall be civilly liable for damages to the host State, the host racing association and the horsemen's group. Damages for each violation shall be based on the total of off-track wagers as follows:
(1) If the interstate off-track wager was of a type accepted at the host racing association, damages shall be in an amount equal to that portion of the takeout which would have been distributed to the host State, host racing association and the horsemen's group, as if each such interstate off-track wager had been placed at the host racing association.
(2) If such interstate off-track wager was of a type not accepted at the host racing association, the amount of damages shall be determined at the rate of takeout prevailing at the off-track betting system for that type of wager and shall be distributed according to the same formulas as in paragraph (1) above.
(Pub. L. 95–515, §6, Oct. 25, 1978, 92 Stat. 1814.)
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