California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 4 — Horse RacingArticle 9 — WageringSection 19598

Any person claiming to be entitled to any part of a redistribution from a parimutuel pool operated by a licensee under this chapter, who fails to claim the money due the person prior to the completion of the horse racing meeting at which the pool was formed, may file a claim with the association issuing the person’s ticket prior to May 15 of the year immediately following the close of the horse racing meeting.

The funds that were unclaimed within the period specified under this section are designated as “unclaimed tickets” and shall be distributed in accordance with this chapter.

Notes

Allows a person who did not claim a parimutuel-pool redistribution before the meeting ended to file a claim with the association that issued the ticket before May 15 of the year immediately following the meeting's close. Defines funds remaining unclaimed after that period as 'unclaimed tickets' and requires their distribution under the chapter.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 19598 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-4/article-9/section-19598

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.