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§ 11-827. Allocation of costs

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 11. Horse Racing (Refs & Annos)
Subtitle 8. Pari-Mutuel Betting (Refs & Annos)
Part III. Satellite Simulcast Betting (Refs & Annos)
MD Code, Business Regulation, § 11-827
§ 11-827. Allocation of costs
After the respective portions have been retained by each person listed below, those persons may allocate, from the takeout at the satellite simulcast facility, the costs of operating a satellite simulcast facility and holding satellite simulcast betting:
(1) the licensee of the sending track, from the licensee's share;
(2) the group that represents a majority of the applicable owners and trainers licensed in the State, from the purse share; and
(3) the group that represents a majority of the applicable breeders in the State, from the bred fund share.

Credits

Added by Acts 1992, c. 473, § 2. Amended by Acts 1993, c. 5, § 1.
MD Code, Business Regulation, § 11-827, MD BUS REG § 11-827
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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