§ 5718
33 words·~1 min read·
/ca/revenue-and-taxation-code/5718A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Nonactive racehorse” means any racehorse which has not participated in any horseracing contest on which parimutuel wagering was permitted during the previous calendar year, except a racehorse three years of age or younger.