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Md. Code, Bus. Reg. § 11-827

Md. Code, Bus. Reg. § 11-827

Maryland · Maryland Code, Business Regulation · Status: effective

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Md. Code, Bus. Reg. § 11-827, Maryland, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1756623
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After the respective portions have been retained by each person listed below, those persons may allocate, from the takeout at the satellite simulcast facility, the costs of operating a satellite simulcast facility and holding satellite simulcast betting: (1) the licensee of the sending track, from the licensee’s share; (2) the group that represents a majority of the applicable owners and trainers licensed in the State, from the purse share; and (3) the group that represents a majority of the applicable breeders in the State, from the bred fund share.