N.Y. Comp. Codes R. & Regs. tit. 9 § 4003.8

Current through Register Vol. 46, No. 45, November 2, 2024

Section 4003.8 - Application requirements

(a) Each racing association in applying for a license to conduct running races and race meetings or steeplechases and steeplechase meetings, or to conduct pari-mutuel betting on such races, shall file with the commission, with such application, a statement giving the names and addresses of all such association's stockholders and the number of shares registered in the name of each and shall likewise file revised statements giving such information as changes occur; and if more than five percent of said shares shall be registered in the name of a corporation or in the name or names of one or more persons as trustees or otherwise for a corporation, the racing association shall, at the same time and in the same manner, furnish a similar statement with respect to the stockholders of such corporation.

(b) Each said statement shall be duly sworn to before a notary public by the secretary or assistant secretary of the applicant racing association, that the information contained in said statement is in all respects true as shown by the books and records of such association.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 4003.8