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La. Rev. Stat. § 4:179.2

Horsemen's organization; incorporation

Louisiana · Louisiana Revised Statutes Title 4 — Amusements and Sports · Status: effective

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La. Rev. Stat. § 4:179.2, Horsemen's organization; incorporation, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2633420
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Any horsemen's organization or organization representing horsemen shall be either a corporation or a trust, or both, organized under the laws of this state, in order to receive a distribution, allocation, or deduction of any funds under the provisions of Part I and Part I-A of this Chapter. Any funds received by such organization from any such distribution, allocation, or deduction shall be used only for the benefit of horsemen racing in the state of Louisiana.