Section 11-634 - Regulations and conditions.
§ 11-634. Regulations and conditions.
(a) Regulations.- A Fund Race shall be held in accordance with regulations that the Commission adopts on the recommendation of the Advisory Committee.
(b) Conditions.- On recommendation of the Advisory Committee, the Commission shall set:
(1) the number of Fund Races;
(2) the amount of each purse and bonus;
(3) the date of each Fund Race;
(4) the distance of each Fund Race;
(5) each breeder's award;
(6) nomination and registration procedures; and
(7) any other condition needed to carry out the purpose of a Fund Race.
(c) 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 to include the purse and conditions in the stake book and condition book of the licensee.
[An. Code 1957, art. 78B, § 17A; 1992, ch. 4, § 2.]