California Business and Professions Code

§ 19616.1

BPC § 19616.1 Effective Jan 1, 1999Div. 8 · Ch. 4 · Art. 9.5

Statute text

(a)Notwithstanding any other provision of law, wagers accepted on out-of-state or out-of-country races pursuant to Section 19596 or 19596.2, or on any multiple race exotic wager involving races from out of state that is designated by the board as a national wager and included in the parimutuel pool or pools of the entity conducting the racing shall be distributed as provided in this section.

(b)From the amount handled by the association and included in the parimutuel pool or pools of the entity conducting the out-of-state or out-of-country racing, each association may, with the permission of the board, deduct a percentage equal to the percentage deducted by the entity conducting the out-of-state or out-of-country racing.

(c)From the amount deducted pursuant to subdivision (b), if any, each association shall pay a state license fee and make other distributions in accordance with Section 19601.

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Legislative history

Amended by Stats. 1998, Ch. 335, Sec. 30. Effective January 1, 1999.