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Code · Oregon · ORS Chapter 462 · Racing · Exchange Wagering

462.337 Limitations on authority of Oregon Racing Commission

66 words·~1 min read·/or/ors-chapter-462/racing/exchange-wagering/462-337·

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462.337 Limitations on authority of Oregon Racing Commission. The Oregon Racing Commission may not require an exchange wagering licensee to:
(1)Retain, withhold or take out any amounts from exchange wagers; or
(2)Assure any minimum payoff amount for an exchange wager or to calculate payoffs of winning exchange wagers in a manner inconsistent with exchange wagering authorized by ORS 462.301 to 462.340. [2019 c.313 §14]
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