5:5-50.Ā  Permit and compliance with statute as condition precedent to horseĀ  race meeting
No person, partnership, association or corporation shall hold or conduct, orĀ  assist, aid or abet in holding or conducting any meeting within the State ofĀ  New Jersey whereat horse race meetings shall be permitted for any stake, purseĀ  or reward whereat pari-mutuel betting is licensed, except and unless suchĀ  person, partnership, association or corporation shall first comply with theĀ  provisions of this act and be granted a permit by the commission to conduct aĀ  horse race meeting as provided by this act.

L.1940, c. 17, p. 81, s. 30.
Ā