Md. Code, Business Regulation § 11-827
This is the official text of Md. Code, Business Regulation § 11-827, part of Maryland’s Code, Business Regulation — governs general business licensing and regulation.
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§11–827.
Official statutory text
After the respective portions have been retained by each person listed below, those persons may allocate, from the takeout at the satellite simulcast facility, the costs of operating a satellite simulcast facility and holding satellite simulcast betting:
(1) the licensee of the sending track, from the licensee’s share;
(2) the group that represents a majority of the applicable owners and trainers licensed in the State, from the purse share; and
(3) the group that represents a majority of the applicable breeders in the State, from the bred fund share.
(1) the licensee of the sending track, from the licensee’s share;
(2) the group that represents a majority of the applicable owners and trainers licensed in the State, from the purse share; and
(3) the group that represents a majority of the applicable breeders in the State, from the bred fund share.
Status: in_force · Read it on the official government site
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