Every franchise holder to which a license may be granted under this chapter at its own cost and expense shall, before the license is delivered, give a bond, in the penal sum of ten thousand dollars ($10,000) payable to the Arkansas Racing Commission with a surety to be approved by the commission, conditioned to faithfully make the payments to the commission provided for in this chapter, and keep its books and records and make reports provided in this chapter and to conduct its race meeting in conformity with the provisions of this chapter.
Section: Previous 23-111-503 23-111-504 23-111-505 23-111-506 23-111-508 23-111-509 23-111-510 23-111-511 23-111-512 23-111-513 23-111-514 23-111-515 23-111-516 23-111-517 NextLast modified: November 15, 2016