217 - Revocation of licenses.

§  217.  Revocation of licenses. If any corporation to which a license  shall be granted shall fail or refuse to comply with the  provisions  of  this chapter, or with the terms and conditions of its license, or if for  any  other  reason  the  continuance of such license shall not be deemed  conducive to the interests of legitimate racing, the board, upon its own  initiative or upon complaint of the jockey club, in  the  case  of  race  courses  to  be  used  for  running  races, or upon the complaint of the  national steeplechase and hunt association in the case of  race  courses  to  be used for steeplechases, shall have the power to cancel and revoke  such license. Written notice of such complaint shall be  given  to  such  corporation  by  said  board  within  five  days  after  receiving  such  complaint, or after determining  to  take  action,  which  notice  shall  specify  a  time  and place of hearing thereon. If the board cancels and  revokes such license all powers  exercised  under  section  two  hundred  three  of  this  article  by  the  corporation to which such license was  granted shall cease and determine.