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DIVISION 8. SPECIAL BUSINESS REGULATIONS 18400-22948.25›CHAPTER 4. Horse Racing 19400-19668›ARTICLE 9.5. License Fees, Commissions, and Purses 19610-19619.7

§ 19610

California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California

Every association which conducts a racing meeting shall deduct 15 percent of the total amount handled in conventional parimutuel pools and 16.75 percent of the total amount handled in exotic parimutuel pools, except that any association conducting a harness racing meeting shall deduct 17.75 percent of the total amount handled in exotic parimutuel pools. The amounts as deducted shall be distributed as prescribed in this chapter.

(Amended by Stats. 1984, Ch. 1739, Sec. 1. Effective September 30, 1984.)

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California Business and Professions Code

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