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§ 1505. Qualifications for License as Horse Owner.

4 CA ADC § 1505Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 4. Business Regulations
Division 4. California Horse Racing Board (Refs & Annos)
Article 4. Occupational Licenses
4 CCR § 1505
§ 1505. Qualifications for License as Horse Owner.
Currentness
(a) No person may be licensed as a horse owner who is not the owner of record of a properly registered race horse which is in the care of a licensed trainer, or
(1) who does not have an interest in such race horse as a co-owner, part owner, or lessee, or
(2) who is not the responsible managing employee of a corporation or a limited liability company (Corporations Code section 17000 et seq.) which is the legal owner of such horse.
(b) No person licensed by the Board as a jockey, apprentice jockey, racing official, assistant starter or veterinarian's assistant shall be licensed also as a horse owner.
(c) A horse owner's license shall be granted to individual natural persons only.
(d) An applicant for renewal of a horse owner license whose license is in good standing with the Board, but who is not the owner of record of a properly registered race horse which is in the care of a licensed trainer, or who does not have an interest in such race horse as a co-owner, part owner, or lessee, may renew such license as horse owner.

Credits

Note: Authority cited: Sections 19420 and 19440, Business and Professions Code. Reference: Sections 19460 and 19520, Business and Professions Code.
History
1. Amendment of section and new Note filed 8-14-98; operative 9-13-98 (Register 98, No. 33).
2. New subsection (d) filed 11-17-2008; operative 12-17-2008 (Register 2008, No. 47).
This database is current through 4/12/24 Register 2024, No. 15.
Cal. Admin. Code tit. 4, § 1505, 4 CA ADC § 1505
End of Document