Md. Code, Business Regulation § 11-317
This is the official text of Md. Code, Business Regulation § 11-317, part of Maryland’s Code, Business Regulation — governs general business licensing and regulation.
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§11–317.
Official statutory text
(a) Before a license or racing days may be transferred to a buyer or a lessee of a track:
(1) the Legislative Policy Committee shall have been notified at least 15 days before the transfer;
(2) the Legislative Policy Committee, if it has chosen to do so, shall have provided comment to the Commission about the transfer; and
(3) the transfer shall have been approved by the Commission.
(b) At least 30 days before the owner of a track enters into a contract to sell the track, the owner shall provide confidential notice of the contract to the governing body of the jurisdiction where the track is located.
(1) the Legislative Policy Committee shall have been notified at least 15 days before the transfer;
(2) the Legislative Policy Committee, if it has chosen to do so, shall have provided comment to the Commission about the transfer; and
(3) the transfer shall have been approved by the Commission.
(b) At least 30 days before the owner of a track enters into a contract to sell the track, the owner shall provide confidential notice of the contract to the governing body of the jurisdiction where the track is located.
Status: reserved · Read it on the official government site
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