California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 4 — Horse RacingArticle 1 — General Provisions and DefinitionsSection 19408.1
“Graded stake” means an international classification for major thoroughbred stakes races established in each country by its thoroughbred racing regulatory body.
Notes
Defines graded stake as an international classification for major thoroughbred stakes races, with the classification in each country established by that country's thoroughbred racing regulatory body. The term uses the classification established by the applicable national thoroughbred racing regulatory body for those major stakes races.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 19408.1 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-4/article-1/section-19408-1