§ 11-634. Regulations and conditions  


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  •    (a) Regulations. -- A Fund Race shall be held in accordance with regulations that the Commission adopts on the recommendation of the Advisory Committee.

    (b) Conditions. -- On recommendation of the Advisory Committee, the Commission shall set:

       (1) the number of Fund Races;

       (2) the amount of each purse and bonus;

       (3) the date of each Fund Race;

       (4) the distance of each Fund Race;

       (5) each breeder's award;

       (6) nomination and registration procedures; and

       (7) any other condition needed to carry out the purpose of a Fund Race.

    (c) Timely decisions required. -- The Commission shall set the amount of each purse and the conditions for each Fund Race in time to allow a licensee to include the purse and conditions in the stake book and condition book of the licensee.


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