§ 9353. License application procedures
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 3 Pa.C.S.A. AgricultureEffective: October 28, 2016
Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 3 Pa.C.S.A. Agriculture
Part VIII. Horse Racing (Refs & Annos)
Chapter 93. Race Horse Industry Reform (Refs & Annos)
Subchapter C. Additional Licensing Requirements for Licensed Racing Entity, Secondary Pari-Mutuel Organization, Totalisator and Racing Vendors
Effective: October 28, 2016
3 Pa.C.S.A. § 9353
Formerly cited as PA ST 71 P.S. § 720.73
§ 9353. License application procedures
(a) Application for license.--An application for an initial or renewal license shall be in the form and manner prescribed by the commission in accordance with this chapter. The commission may deny a license to an applicant that provides false or misleading information on or omits material information from the application. The application shall include all of the following:
(4) Audited financial statements for the last three years or, if the applicant does not have audited financial statements, financial and other pertinent information as required by the commission to determine that the applicant is financially capable of operating as a going concern and protecting accounts.
(5) A detailed plan of how the wagering system will operate. The commission may require changes in the proposed plan of operations as a condition of granting a license. There shall not be subsequent material changes in the plan of operations unless ordered by the commission or until approved by the commission after receiving a written request.
Credits
2016, Oct. 28, P.L. 913, No. 114, § 4, imd. effective.
3 Pa.C.S.A. § 9353, PA ST 3 Pa.C.S.A. § 9353
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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