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N.Y. PML Law § 416

This is the official text of N.Y. PML Law § 416, 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.

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Books and records of pari-mutuel betting

Official statutory text

§ 416. Books and records of pari-mutuel betting. Every corporation or\nassociation conducting a quarter horse race meeting at which pari-mutuel\nbetting is authorized shall keep its books and records so as to clearly\nshow by a separate record the total amount of money contributed to every\npari-mutuel pool including daily double pools, if any. The state tax\ncommission or its duly authorized representatives shall at all\nreasonable times have access to all such books and records for the\npurpose of examining and checking the same and ascertaining whether or\nnot the proper amount or amounts due to this state are being paid by\nsuch licensed corporation or association.\n

Status: in_force · Read it on the official government site

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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.