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