§ 11-827. Allocation of costs

Latest version.

   After the respective portions have been retained by each person listed below, those persons may allocate, from the takeout at the satellite simulcast facility, the costs of operating a satellite simulcast facility and holding satellite simulcast betting:

   (1) the licensee of the sending track, from the licensee's share;

   (2) the group that represents a majority of the applicable owners and trainers licensed in the State, from the purse share; and

   (3) the group that represents a majority of the applicable breeders in the State, from the bred fund share.

HISTORY: 1992, ch. 473, § 2; 1993, ch. 5, § 1.

                    
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