A. Any person desiring to construct or own a horse racetrack or satellitefacility where pari-mutuel wagering is permitted shall file with theCommission an application for an owner's license. Such application shall befiled at the time and place prescribed by the Commission, and shall be insuch form and contain such information as prescribed by the Commission,including but not limited to the following:
1. The name and address of such person; if a corporation, the state of itsincorporation, the full name and address of each officer and directorthereof, and if a foreign corporation, whether it is qualified to do businessin this Commonwealth; if a partnership or joint venture, the name and addressof each officer thereof;
2. The name and address of each stockholder or member of such corporation, oreach partner of such partnership or joint venture, and of each person who hascontracted for a pecuniary interest in the applicant or the enclosure whererace meetings or pari-mutuel wagering will be conducted, whether suchinterest is an ownership or a security interest, and the nature and value ofsuch interest, and the name and address of each person who has agreed to lendmoney to the applicant;
3. Such information as the Commission deems appropriate regarding thecharacter, background and responsibility of the applicant and the members,partners, stockholders, officers and directors of the applicant;
4. The location and description of the racetrack, place or enclosure wheresuch person proposes to hold such meetings or wagering, including the name ofany county, city or town in which any property of such track or satellitefacility is or will be located. The Commission shall require such informationabout the enclosure and location of such track as it deems necessary andappropriate to determine whether they comply with the minimum standardsprovided in this chapter, and whether the conduct of a race meeting orpari-mutuel wagering at such location would be in the best interests of thepeople of the Commonwealth;
5. Such information relating to the financial responsibility of the applicantas the Commission deems appropriate;
6. If any of the facilities necessary for the conduct of racing orpari-mutuel wagering are to be leased, the terms of such lease; and
7. Any other information which the Commission in its discretion deemsappropriate.
B. Any application filed hereunder shall be verified by the oath oraffirmation of an officer of the applicant, and shall be accompanied by anonrefundable application fee as determined by the Commission.
C. Any person who knowingly makes a false statement to the Commission for thepurposes of obtaining a license under this article shall be guilty of a Class4 felony.
A. Any person desiring to construct or own a horse racetrack or satellitefacility where pari-mutuel wagering is permitted shall file with theCommission an application for an owner's license. Such application shall befiled at the time and place prescribed by the Commission, and shall be insuch form and contain such information as prescribed by the Commission,including but not limited to the following:
1. The name and address of such person; if a corporation, the state of itsincorporation, the full name and address of each officer and directorthereof, and if a foreign corporation, whether it is qualified to do businessin this Commonwealth; if a partnership or joint venture, the name and addressof each officer thereof;
2. The name and address of each stockholder or member of such corporation, oreach partner of such partnership or joint venture, and of each person who hascontracted for a pecuniary interest in the applicant or the enclosure whererace meetings or pari-mutuel wagering will be conducted, whether suchinterest is an ownership or a security interest, and the nature and value ofsuch interest, and the name and address of each person who has agreed to lendmoney to the applicant;
3. Such information as the Commission deems appropriate regarding thecharacter, background and responsibility of the applicant and the members,partners, stockholders, officers and directors of the applicant;
4. The location and description of the racetrack, place or enclosure wheresuch person proposes to hold such meetings or wagering, including the name ofany county, city or town in which any property of such track or satellitefacility is or will be located. The Commission shall require such informationabout the enclosure and location of such track as it deems necessary andappropriate to determine whether they comply with the minimum standardsprovided in this chapter, and whether the conduct of a race meeting orpari-mutuel wagering at such location would be in the best interests of thepeople of the Commonwealth;
5. Such information relating to the financial responsibility of the applicantas the Commission deems appropriate;
6. If any of the facilities necessary for the conduct of racing orpari-mutuel wagering are to be leased, the terms of such lease; and
7. Any other information which the Commission in its discretion deemsappropriate.
B. Any application filed hereunder shall be verified by the oath oraffirmation of an officer of the applicant, and shall be accompanied by anonrefundable application fee as determined by the Commission.
C. Any person who knowingly makes a false statement to the Commission for thepurposes of obtaining a license under this article shall be guilty of a Class4 felony.
A. Any person desiring to construct or own a horse racetrack or satellitefacility where pari-mutuel wagering is permitted shall file with theCommission an application for an owner's license. Such application shall befiled at the time and place prescribed by the Commission, and shall be insuch form and contain such information as prescribed by the Commission,including but not limited to the following:
1. The name and address of such person; if a corporation, the state of itsincorporation, the full name and address of each officer and directorthereof, and if a foreign corporation, whether it is qualified to do businessin this Commonwealth; if a partnership or joint venture, the name and addressof each officer thereof;
2. The name and address of each stockholder or member of such corporation, oreach partner of such partnership or joint venture, and of each person who hascontracted for a pecuniary interest in the applicant or the enclosure whererace meetings or pari-mutuel wagering will be conducted, whether suchinterest is an ownership or a security interest, and the nature and value ofsuch interest, and the name and address of each person who has agreed to lendmoney to the applicant;
3. Such information as the Commission deems appropriate regarding thecharacter, background and responsibility of the applicant and the members,partners, stockholders, officers and directors of the applicant;
4. The location and description of the racetrack, place or enclosure wheresuch person proposes to hold such meetings or wagering, including the name ofany county, city or town in which any property of such track or satellitefacility is or will be located. The Commission shall require such informationabout the enclosure and location of such track as it deems necessary andappropriate to determine whether they comply with the minimum standardsprovided in this chapter, and whether the conduct of a race meeting orpari-mutuel wagering at such location would be in the best interests of thepeople of the Commonwealth;
5. Such information relating to the financial responsibility of the applicantas the Commission deems appropriate;
6. If any of the facilities necessary for the conduct of racing orpari-mutuel wagering are to be leased, the terms of such lease; and
7. Any other information which the Commission in its discretion deemsappropriate.
B. Any application filed hereunder shall be verified by the oath oraffirmation of an officer of the applicant, and shall be accompanied by anonrefundable application fee as determined by the Commission.
C. Any person who knowingly makes a false statement to the Commission for thepurposes of obtaining a license under this article shall be guilty of a Class4 felony.
