Section 11-539 - Conditions set by Commission.

§ 11-539. Conditions set by Commission.
 

(a)  In general.- On recommendation of the Advisory Committee, the Commission shall set: 

(1) the number of Fund Races; 

(2) the amount of each purse; 

(3) the date of each Fund Race; 

(4) the location of each Fund Race held outside the State; 

(5) the distance of each Fund Race; 

(6) each breeder's award; and 

(7) any other condition needed to carry out the purpose of a Fund Race. 

(b)  Timely decisions required.- The Commission shall set the amount of each purse and the conditions for each Fund Race in time to allow a licensee who provides for a Fund Race to include the purse and conditions in the stake book and condition book of the licensee. 
 

[An. Code 1957, art. 78B, § 18A; 1992, ch. 4, § 2; 2006, ch. 590.]