§ 11-634
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§11–634.
(a)A Fund Race shall be held in accordance with regulations that the Commission adopts on the recommendation of the Advisory Committee.
(b)On recommendation of the Advisory Committee, the Commission shall set:
(1)the number of Fund Races;
(2)the amount of each purse and bonus;
(3)the date of each Fund Race;
(4)the distance of each Fund Race;
(5)each breeder’s award;
(6)nomination and registration procedures; and
(7)any other condition needed to carry out the purpose of a Fund Race.
(c)The Commission shall set the amount of each purse and the conditions for each Fund Race in time to allow a licensee to include the purse and conditions in the stake book and condition book of the licensee.