§ 11-635. Purses
West's Annotated Code of MarylandBusiness Regulation
MD Code, Business Regulation, § 11-635
§ 11-635. Purses
(a) A licensee may add to any purse in a Fund Race.
(b) A purse, authorized under this part and paid in a Fund Race, is specifically excluded from breeders' bonuses, purses, or stakes that are paid or offered by licensees in races other than Fund Races, as determined by agreement or formula between a licensee and an organization that represents a majority of the owners and trainers.
Credits
Added by Acts 1992, c. 4, § 2.
Formerly Art. 78B, § 17A.
MD Code, Business Regulation, § 11-635, MD BUS REG § 11-635
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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