2016 US Code
Title 15 - Commerce and Trade
Chapter 57 - Interstate Horseracing
Sec. 3005 - Liability and damages

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Citation 15 U.S.C. § 3005 (2016)
Section Name §3005. Liability and damages
Section Text

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.

Source Credit

(Pub. L. 95–515, §6, Oct. 25, 1978, 92 Stat. 1814.)

Publication Title United States Code, 2012 Edition, Supplement 4, 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 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 92 Stat. 1814
Public Law References Public Law 95-515
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