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Bus. & Prof. Code, § 19491.6 · Article 4. Licenses for Track Operators

Bus. & Prof. Code, § 19491.6

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

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.

Notes and commentary — not statutory text

History

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

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&sectionNum=19491.6.
Text hash
sha256 09906ea137f251ba1288f07f0fe4a3273b41dd06b69ecc35042702dd5349484b
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

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