California Business and Professions Code 19423 – A person is disqualified from membership on the board if the person, …
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A person is disqualified from membership on the board if the person, the person’s spouse or any dependent child thereof:
(a) Holds a financial interest in any horse racing track.
Terms Used In California Business and Professions Code 19423
- board: means any entity listed in Section 101, the entities referred to in Sections 1000 and 3600, the State Bar, the Department of Real Estate, and any other state agency that issues a license, certificate, or registration authorizing a person to engage in a business or profession. See California Business and Professions Code 31
- Contract: A legal written agreement that becomes binding when signed.
- Dependent: A person dependent for support upon another.
- Spouse: includes "registered domestic partner" as required by §. See California Business and Professions Code 14.2
(b) Holds a financial interest or position of management with any business entity which conducts parimutuel horse racing.
(c) Holds a financial interest in a management or concession contract with any business entity which conducts parimutuel horse racing.
(Amended by Stats. 2000, Ch. 1082, Sec. 18. Effective January 1, 2001.)