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Code · California · Business and Professions Code

§ 19597

51 words·~1 min read·/ca/business-and-professions-code/19597·

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Notwithstanding any other provision of this chapter, a person licensed under this chapter to conduct a horse racing meeting shall, as to any payment made to a person who has wagered by contributing to a parimutuel pool operated by such licensee, also deduct the applicable breakage, as defined by Section 19405.
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