N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 242 – Races for horses bred in the state
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§ 242. Races for horses bred in the state. The commission in granting a license to a corporation to conduct running or steeplechase races at its racetrack, if the commission deems such requirement practicable, may require such corporation to provide for at least one race during the racing season in which the entries shall be exclusively horses foaled in this state.
Terms Used In N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 242
- 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.