A partnership that, by ownership, designation or lease, controls the racing qualities of a horse shall race such horse under the name, real or stable, of a member of the partnership whose proportionate interest in the horse meets the requirements of section 4025.10(a) of this Article, and who has been designated as the managing partner. All horses, the racing qualities of which are controlled by a given partnership, shall be raced under the same name.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 4026.17