254 – Resources of Fund.
§ 254. Resources of fund. 1. * a. The fund is authorized and directed to collect and receive on a quarterly basis in each calendar year from any racing corporation or regional off-track betting corporations from on-track wagers or off-track wagers, as the case may be, the sum of one-half of one percent of regular, […]
255 – Annual Audit.
§ 255. Annual audit. The comptroller or his legally authorized representative is authorized to and shall from time to time but at least annually examine the accounts and books of the fund, including its receipts and disbursements.
256 – Annual Report.
§ 256. Annual report. The fund shall annually make during the month of January a report to the governor setting forth in detail: 1. Its operations and accomplishments during the preceding year; and 2. Its receipts and disbursements during the preceding year. The fund is directed to report annually, on or before January thirty-first, to […]
257 – Actions Against Fund.
§ 257. Actions against fund. Except in an action for wrongful death, no action against the fund founded upon tort shall be commenced (a) prior to the expiration of thirty days from the date on which the notice of claim upon which the action is founded, served pursuant to section fifty-e of the general municipal […]
250 – Power of Commission to Impose Penalties.
§ 250. Power of commission to impose penalties. The commission, in addition to its power to suspend or revoke occupational licenses, licenses to conduct running races and race meetings or steeplechases and steeplechase meetings and licenses to conduct pari-mutuel betting at a race course or race meeting for running races or steeplechases issued by the […]
252 – New York State Thoroughbred Breeding and Development Fund.
§ 252. New York state thoroughbred breeding and development fund. 1. A corporation to be known as the New York state thoroughbred breeding and development fund corporation is hereby created. Such corporation shall be a body corporate and politic constituting a public benefit corporation. It shall be administered by a board of directors consisting of […]
253 – Powers of the Fund.
§ 253. Powers of the fund. The fund shall have power: 1. To sue and be sued. 2. To have a seal and to alter the seal at its pleasure. 3. To make by-laws for the management and regulation of its affairs. 4. To acquire, hold and dispose of personal property for its corporate purposes. […]
244 – Revocation of License or Franchise.
§ 244. Revocation of license or franchise. The commission may revoke a license issued by it under this chapter or a franchise granted pursuant to section two hundred six of this article if the corporation to which such license or franchise shall have been issued, or its officers or directors, shall not conduct racing at […]
245 – Hearing on Refusal or Revocation of License or Franchise.
§ 245. Hearing on refusal or revocation of license or franchise. If the commission refuses to grant a license applied for under this article, or determines to revoke such a license granted by it or a franchise pursuant to sections two hundred twelve and two hundred forty-four of this article, the commission shall give to […]
246 – Approval of Plans of Corporation.
§ 246. Approval of plans of corporation. The commission shall not grant to a corporation hereafter formed pursuant to this chapter, a license to conduct a running or steeplechase race meeting within the state until such corporation shall have submitted to the commission a statement of the location of its proposed grounds and racetrack, together […]