A permittee or an affiliate of a permittee shall not borrow from or accept loans or guarantees of loans from any licensed food and beverage concessionaire or any affiliate of a concessionaire, or make payments pursuant to any such loans, except that a permittee may accept loans or guarantees of loans, and may make payments pursuant to such loans, from a food and beverage concessionaire that is an affiliate of such permittee.

Terms Used In Arizona Laws 5-108.04

  • Concessionaire: means a person, partnership, association or corporation that offers goods or services for sale to the public, a permittee or a licensee at an enclosure in which authorized racing takes place or an additional wagering facility. See Arizona Laws 5-101

 

  Previous section
Next section  
 Article 1 Contents