Internal prototype — noindexed, not linked from public navigation yet.

N.Y. PML Law § 405

This is the official text of N.Y. PML Law § 405, part of New York’s PML Law — part of the compiled statutory law of New York, published by the state as "PML Law." Browse the sections below, each linked to its official government source.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Pari-mutuel betting at quarter horse races

Official statutory text

§ 405. Pari-mutuel betting at quarter horse races. No more than five\ncorporations or associations shall be licensed by the commission in any\none year to conduct a pari-mutuel meet or meets. Said pari-mutuel\nbetting conducted at such meetings shall be under the general\nsupervision and control of the commission which shall make rules\nregulating the conduct of such pari-mutuel betting in accordance with\nthe provisions of sections two hundred twenty-two through seven hundred\nfive of this chapter. The department of taxation and finance is charged\nwith the financial administration of pari-mutuel betting as prescribed\nin this article and as supplemented by the rules and regulations of the\ncommission. The department of taxation and finance shall have authority\nto prescribe the forms and the system of accounting to be employed, and\nthrough its representatives shall at all times have power of access to\nand examination of any equipment relating to such betting.\n

Status: in_force · Read it on the official government site

Need a lawyer in New York?

Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.