California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 4 — Horse RacingArticle 9.5 — License Fees, Commissions, and PursesSection 19613.6
Notwithstanding any other provision of this chapter, the owners’ organization referred to in subdivision (a) of Section 19613.2 that represents thoroughbred owners may elect to contribute the purses from one race conducted annually by each licensed thoroughbred racing association or fair to a welfare fund. The contribution shall be used for the benefit of horsemen, and the trainers’ organization shall make an accounting to the board within one calendar year of the receipt of the contribution. The designation of a specific race from which the horsemen elect to contribute the purses is subject to the mutual agreement of the horsemen’s organization and the racing association or fair that conducts the race.
Notes
Allows the thoroughbred owners' organization to contribute the purse from one annual race by each licensed thoroughbred association or fair to a welfare fund benefiting horsemen. Requires the trainers' organization to account to the board within one calendar year of receipt and requires mutual agreement between the horsemen's organization and the association or fair on the contributing race.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 19613.6 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-4/article-9-5/section-19613-6