Cal. Code Regs. tit. 4 § 1955

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 1955 - Distribution of Pools

After the results of the race have been declared official by the Stewards, the parimutuel pools are subject to distribution to the holders of parimutuel tickets entitled to share in the respective pools in accordance with the provisions of the Horse Racing Law and this Division. When only two horses finish in a race, the show pool, if any, shall be distributed the same as in a place pool. When only one horse finishes in a race the place pool and show pool, if any, shall be distributed the same as in a win pool. In any race in which no horse finishes, or which is declared as no contest by the Stewards, all money wagered on the race shall be refunded to the respective ticket holders.

Cal. Code Regs. Tit. 4, § 1955

1. Change without regulatory effect amending section and adding new NOTE filed 12-23-96 pursuant to section 100, title 1, California Code of Regulations (Register 96, No. 52).

Note: Authority cited: Sections 19440 and 19590, Business and Professions Code. Reference: Section 19590, Business and Professions Code.

1. Change without regulatory effect amending section and adding new Note filed 12-23-96 pursuant to section 100, title 1, California Code of Regulations (Register 96, No. 52).