Bus. & Prof. Code, § 19483 · Article 4. Licenses for Track Operators
Bus. & Prof. Code, § 19483
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Unless the board finds that the purpose of this chapter will be better served thereby, no license to conduct a horseracing meeting at any track shall be issued to any person or held by any person having any financial interest in the conduct of any horseracing meeting by any other person at any other track in this State.
Ownership of stock in one corporation by another corporation constitutes a financial interest within the meaning of this section.
Notes and commentary — not statutory text
History
Amended by Stats. 1963, Ch. 2059.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=19483.
- Text hash
- sha256 46e0e3ec514bf7d79235c683c7f04b9557ab1a5781e8dfb67752993df2e08339
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.