Texas Occupations Code 2025.054 – Management, Concession, and Totalisator Contracts
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(a) The commission shall require each applicant for an original racetrack license to submit with the application for inspection and review by the commission a copy of each management, concession, and totalisator contract associated with the proposed license at the proposed location in which the applicant has an interest.
(b) An applicant or license holder shall advise the commission of any change in any management, concession, or totalisator contract.
Terms Used In Texas Occupations Code 2025.054
- Contract: A legal written agreement that becomes binding when signed.
(c) The criminal history record information, fingerprint, and other information required of a license applicant under Sections 2023.057, 2025.003, and 2025.052(a)(1)-(3) are required of proposed totalisator firms, concessionaires, and managers and management firms.
