§ 41-3-20 - Majority of directors of licensee to be residents.
SECTION 41-3-20
§ 41-3-20 Majority of directors oflicensee to be residents. – The majority of the membership of the board of directors of any corporationlicensed to hold or conduct any meeting within the state where horse racingshall be permitted for any stake, purse, or reward, shall be residents of thestate.