California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 4.5 — Mule RacingSection 19705
Associations licensed pursuant to this chapter shall deduct the applicable license fees, commissions, and purses in the same percentages as provided for in Article 9.5 (commencing with Section 19610) of Chapter 4. Associations may also deduct an additional amount of up to 3 percent on multiple wagering pools in the same manner as provided for by Section 19614.2.
Notes
Requires associations licensed for mule racing to deduct applicable license fees, commissions, and purses at the same percentages provided by the referenced racing provision. Allows those associations also to deduct up to an additional 3% from multiple-wagering pools, using the same manner provided by the referenced additional-deduction rule.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 19705 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-4-5/section-19705