(a) All concession, management, and totalisator contracts submitted by an applicant under § 2025.054 must have the prior approval of the commission.
(b) The commission shall refuse to approve a concession or management contract if, in the sole discretion of the commission, the background checks conducted under § 2025.056 reveal anything that might be detrimental to the public interest or the racing industry.

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Terms Used In Texas Occupations Code 2026.151

  • Contract: A legal written agreement that becomes binding when signed.