§ 11-319. Administration of pension funds

Latest version.

   (a) Maryland Backstretch Employees Pension Fund. -- The Maryland Backstretch Employees Pension Fund shall be administered by the organization that represents a majority of the owners and trainers who race thoroughbred horses in the State.

(b) Maryland Race Track Employees Pension Fund. -- The Maryland Race Track Employees Pension Fund shall be administered by representatives of:

   (1) each mile thoroughbred racing licensee;

   (2) the Maryland State Fair and Agricultural Society, Inc.; and

   (3) the employees of the licensees and of the Maryland State Fair and Agricultural Society, Inc.

(c) Maryland Harness Track Employees Pension Fund. -- The Maryland Harness Track Employees Pension Fund shall be administered by representatives of each harness racing licensee and its employees.

HISTORY: An. Code 1957, art. 78B, § 11, 16, 17; 1992, ch. 4, § 2.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');