Business and Professions Code § 19491.6

ARTICLE 4. Licenses for Track Operators

Current as of September 28, 2026Bus. & Prof. Code, § 19491.6Official source ↗

Amended by Stats. 1980, Ch. 1043, Sec. 9.

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.