N.H. Admin. Code § Pari 303.02

Current through Register No. 49, December 5, 2024
Section Pari 303.02 - Expiration or Cessation of a Racetrack License
(a) A racetrack license issued pursuant to this chapter shall expire or cease on the earlier of:
(1) December 31;
(2) Pursuant to RSA 284:16-a, if the licensee is a corporation, a change in either legal or equitable ownership of 50 percent or more of the voting stock of the corporation from the ownership that existed at the time that a license was initially granted to the applicant; or
(3) If the licensee is an organization other than a corporation, a change in either legal or equitable ownership of 50 percent or more of the organization from the ownership that existed at the time that a license was initially granted to the applicant.
(b) An individual or organization shall not hold any dog, harness horse or running horse races if their license has:
(1) Expired or ceased as specified in (a) above;
(2) Been revoked as specified in Pari 306; or
(3) Been denied pursuant to Pari 303.01(e) or Pari 303.01(h).

N.H. Admin. Code § Pari 303.02

(See Revision Note at chapter heading for Pari 300) #9170, eff 6-4-08

The amended version of this section by New Hampshire Register Volume 38, Number 23, eff. 6/1/2018 is not yet available.