California · Business and Professions Code - BPC
BPC §19423: 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.
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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. (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.
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