{"code":"BPC","codeName":"Business and Professions Code","section":"19491.6","citation":"Bus. & Prof. Code, § 19491.6","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 8. SPECIAL BUSINESS REGULATIONS [18400. - 22949.92.2.]","url":"https://blackletter.si/business-and-professions-code/division-8"},{"name":"CHAPTER 4. Horse Racing [19400. - 19668.]","url":"https://blackletter.si/business-and-professions-code/division-8/chapter-4"},{"name":"ARTICLE 4. Licenses for Track Operators [19480. - 19497.]","url":"https://blackletter.si/business-and-professions-code/division-8/chapter-4/article-4"}],"history":"Amended by Stats. 1980, Ch. 1043, Sec. 9.","effective":null,"html":"<p>Except as provided in subdivision (b) of Section <a href=\"/bpc/19612\">19612</a>, the exempt amount retained by the association shall be regularly deposited in a separate account with a depository approved by the board. The funds deposited shall be distributed as purses.</p>","text":"Except as provided in subdivision (b) of Section 19612, the exempt amount retained by the association shall be regularly deposited in a separate account with a depository approved by the board. The funds deposited shall be distributed as purses.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/licenses-for-track-operators-19491-6","source":"California Legislative Information bulk export (pubinfo)"}