California Business and Professions Code ARTICLE 7 - Charity Racing Days

  • Section 19550.
    (a) The board shall require each licensed racing association that conducts 14 or less weeks of racing to designate 3 racing days, and each licensed racing...
  • Section 19551.
    As a condition of the issuance of the license, the board shall require that the licensee of such meeting shall conduct such charity day racing...
  • Section 19552.
    All racing officials required by law or regulation to serve in connection with the meeting shall also serve, without further authority or designation, in their...
  • Section 19553.
    On such charity days the income from all operations carried on in connection with or resulting from the conduct of racing on such days, including...
  • Section 19554.
    Except as provided elsewhere in this section, the distributing agent for charity distributions shall be a nonprofit organization or corporation, or nonprofit organizations or corporations,...
  • Section 19555.
    Each licensee shall pay over such charity days’ net proceeds to such distributing agent as soon as practicable after the determination thereof, and such agent...
  • Section 19556.
    (a) The distribution shall be made by the distributing agent to beneficiaries qualified under this article. For purposes of this article, a beneficiary shall be all...
  • Section 19556.5.
    The board shall designate a nonprofit organization that is dedicated to research and development of improved safety standards for horse racing as a beneficiary qualified...
  • Section 19557.
    Within the 12-month period specified in Section 19555, and prior to the payment of any charity days’ net proceeds to any beneficiary, the distributing agent...

Last modified: October 22, 2018