Michigan Compiled Laws Act 90 Of 1951 Racing Meets (431.251 - 431.257)

AN ACT to regulate the conducting of racing meets in the state of Michigan; to provide for the possession, control and disposition of funds held by licensees for the payment of outstanding winning tickets not claimed or demanded by the lawful owners of such funds; and to prescribe penalties for violations of the provisions of this act.

History: 1951, Act 90, Imd. Eff. May 31, 1951

Section 431.251 Repealed. 1998, Act 505, Imd. Eff. Jan. 8, 1999.
Compiler's Notes: The repealed section pertained to unclaimed funds held by racing track licensees.
Section 431.252 Unclaimed Funds For Payment Of Winning Tickets; Retention And Distribution.
For the calendar year 1998 and each year thereafter, all funds held by any licensee for the payment of outstanding winning tickets for any...
Section 431.253 Cashed Winning Tickets; Delivery To Racing Commissioner.
A licensee who pays a winning ticket subsequent to the last day of a race meeting shall preserve the cashed winning ticket and deliver...
Section 431.254 Delivery Of Funds And Reports; Release And Discharge For Liability; Exception.
The licensee upon taking proper receipt from the racing commissioner for funds and records delivered to the racing commissioner under this act and delivering...
Section 431.255, 431.256 Repealed. 1998, Act 505, Imd. Eff. Jan. 8, 1999.
Compiler's Notes: The repealed sections pertained to delivery and receipt of funds and records.
Section 431.257 Violation Of Act; Penalty.
Any person who shall violate any of the provisions of this act shall be guilty of a misdemeanor, punishable by a fine of not...

Last modified: October 10, 2016