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§ 11-906. Jockey fund assessments

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 11. Horse Racing (Refs & Annos)
Subtitle 9. Jockey and Horsemen's Funds (Refs & Annos)
Part I. Maryland Jockey Injury Compensation Fund, Inc. (Refs & Annos)
MD Code, Business Regulation, § 11-906
§ 11-906. Jockey fund assessments
(a)(1) The Commission shall assess each licensed owner and licensed trainer of a thoroughbred horse an amount sufficient to pay the cost of workers' compensation insurance that the Jockey Fund gets.
(2) The Commission shall pay each assessment that the Commission collects under this subsection to the Jockey Fund.
(b)(1) The Commission shall suspend or revoke the license of each owner or trainer who fails to pay the assessment under subsection (a)(1) of this section.
(2) The Commission may not reinstate or renew the license of the owner or trainer during the period of default.

Credits

Added by Acts 1992, c. 4, § 2.
Formerly Art. 78B, § 32.
MD Code, Business Regulation, § 11-906, MD BUS REG § 11-906
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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