California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 4 — Horse RacingArticle 7 — Charity Racing DaysSection 19556.5
The board shall designate a nonprofit organization that is dedicated to research and development of improved safety standards for horse racing as a beneficiary qualified to receive a distribution pursuant to this article.
Notes
Requires the board to designate as a qualified distribution beneficiary a nonprofit organization dedicated to researching and developing improved horse-racing safety standards. The designation makes that safety-focused nonprofit eligible to receive distributions under the article and states no additional deadline, dollar amount, allocation percentage, or exception.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 19556.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-4/article-7/section-19556-5