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Cal. Business and Professions Code § 19483

Cal. Business and Professions Code § 19483

California · California Business and Professions Code · Status: effective

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Cal. Business and Professions Code § 19483, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/779181
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Unless the board finds that the purpose of this chapter will be better served thereby, no license to conduct a horseracing meeting at any track shall be issued to any person or held by any person having any financial interest in the conduct of any horseracing meeting by any other person at any other track in this State. Ownership of stock in one corporation by another corporation constitutes a financial interest within the meaning of this section.