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Earlier editions: 2020-112018-11

DIVISION 8. SPECIAL BUSINESS REGULATIONS 18400-22949.92.2›CHAPTER 4. Horse Racing 19400-19668›ARTICLE 4. Licenses for Track Operators 19480-19497

§ 19491.6

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

Except as provided in subdivision (b) of Section 19612, the exempt amount retained by the association shall be regularly deposited in a separate account with a depository approved by the board. The funds deposited shall be distributed as purses.

(Amended by Stats. 1980, Ch. 1043, Sec. 9.)

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