N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1201 – New York state office of racing promotion and development
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§ 1201. New York state office of racing promotion and development. There is hereby created within the New York state gaming commission a separate and independent office of racing promotion and development. The office shall promote the breeding of horses and the conduct of equine research in this state and shall administer the "state thoroughbred breeding and development fund", "agriculture and New York state horse breeding development fund" and "New York state quarter horse breeding and development fund corporation."
Terms Used In N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1201
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.