§ 19423
68 words·~1 min read·
/ca/business-and-professions-code/19423·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A person is disqualified from membership on the board if the person, the person’s spouse or any dependent child thereof:
(a)Holds a financial interest in any horse racing track.
(b)Holds a financial interest or position of management with any business entity which conducts parimutuel horse racing.
(c)Holds a financial interest in a management or concession contract with any business entity which conducts parimutuel horse racing.