Section 11-822 - Term and transferability of permit.
§ 11-822. Term and transferability of permit.
(a) Term.- The Commission shall set the term of each permit.
(b) Transfers allowed.- If the Commission approves, a permit may be transferred to another person if:
(1) the satellite simulcasting facility remains at the same location; and
(2) the person complies with all regulations of the Commission established under § 11-316 of this title for the purchase or transfer of an entity licensed to conduct racing.
[1992, ch. 473, § 2.]