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Business and Professions Code § 19491.6

ARTICLE 4. Licenses for Track Operators

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

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.