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§ 11-319. Pension funds

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 11. Horse Racing (Refs & Annos)
Subtitle 3. Licensing and Responsibilities of Licensees (Refs & Annos)
MD Code, Business Regulation, § 11-319
§ 11-319. Pension funds
Currentness
(a) The Maryland Backstretch Employees Pension Fund shall be administered by the organization that represents a majority of the owners and trainers who race thoroughbred horses in the State.
(b) The Maryland Race Track Employees Pension Fund shall be administered by representatives of:
(1) each mile thoroughbred racing licensee;
(2) the Maryland State Fair and Agricultural Society, Inc.; and
(3) the employees of the licensees and of the Maryland State Fair and Agricultural Society, Inc.
(c) The Maryland Harness Track Employees Pension Fund shall be administered by representatives of each harness racing licensee and its employees.

Credits

Added by Acts 1992, c. 4, § 2.
Formerly Art. 78B, §§ 11, 16, 17.
MD Code, Business Regulation, § 11-319, MD BUS REG § 11-319
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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