N.Y. PML Law § 601
This is the official text of N.Y. PML Law § 601, 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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Declaration of policy and statement of purposes
Official statutory text
§ 601. Declaration of policy and statement of purposes. It is hereby\nfound, determined and declared:\n 1. That the New York state off-track pari-mutuel betting law was\ncreated by a chapter of the laws of nineteen hundred seventy;\n 2. That the New York state off-track pari-mutuel betting commission,\nestablished by such law, was authorized to approve the operation of\noff-track pari-mutuel betting systems by public benefit corporations in\nparticipating municipalities;\n 3. That the operation of an off-track pari-mutuel betting system by a\npublic benefit corporation in New York city, in accordance with the\nprovision of the New York state off-track pari-mutuel betting law, is\ndeemed to be a matter of state concern and a public purpose which cannot\nbe adequately attained except by the powers of government, and that such\npublic benefit corporation in the exercise of the powers conferred upon\nit by this article, will perform a governmental function.\n
Status: in_force · Read it on the official government site
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