Section 431.319a - Surrender, revocation, or escrow of license; disposition of purse pool money. - Michigan Statutes

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Statutes > Michigan > Chapter-431 > Act-279-of-1995 > Section-431-319a

HORSE RACING LAW OF 1995 (EXCERPT)
Act 279 of 1995

431.319a Surrender, revocation, or escrow of license; disposition of purse pool money.

Sec. 19a.

If a thoroughbred track license is surrendered, revoked, or escrowed, or after January 1, 1998, a licensed thoroughbred track is closed, the racing commissioner shall order the deposit of horsemen's purse pool money deposited and distributed pursuant to section 19 to a depository designated by a race meeting licensee upon written direction of the affected certified horsemen's organization regardless of whether there was racing at the race meeting licensee's location during the previous year.

History: Add. 1998, Act 408, Imd. Eff. Dec. 21, 1998

State Codes and Statutes

Statutes > Michigan > Chapter-431 > Act-279-of-1995 > Section-431-319a

HORSE RACING LAW OF 1995 (EXCERPT)
Act 279 of 1995

431.319a Surrender, revocation, or escrow of license; disposition of purse pool money.

Sec. 19a.

If a thoroughbred track license is surrendered, revoked, or escrowed, or after January 1, 1998, a licensed thoroughbred track is closed, the racing commissioner shall order the deposit of horsemen's purse pool money deposited and distributed pursuant to section 19 to a depository designated by a race meeting licensee upon written direction of the affected certified horsemen's organization regardless of whether there was racing at the race meeting licensee's location during the previous year.

History: Add. 1998, Act 408, Imd. Eff. Dec. 21, 1998

State Codes and Statutes

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State Codes and Statutes

Statutes > Michigan > Chapter-431 > Act-279-of-1995 > Section-431-319a

HORSE RACING LAW OF 1995 (EXCERPT)
Act 279 of 1995

431.319a Surrender, revocation, or escrow of license; disposition of purse pool money.

Sec. 19a.

If a thoroughbred track license is surrendered, revoked, or escrowed, or after January 1, 1998, a licensed thoroughbred track is closed, the racing commissioner shall order the deposit of horsemen's purse pool money deposited and distributed pursuant to section 19 to a depository designated by a race meeting licensee upon written direction of the affected certified horsemen's organization regardless of whether there was racing at the race meeting licensee's location during the previous year.

History: Add. 1998, Act 408, Imd. Eff. Dec. 21, 1998