§ 248. Racing season; allotment of dates for racing. In the assignment of dates by the commission to corporations for conducting running races or steeplechases no conflict shall be deemed to exist by reason of duplication of dates as between race meetings in the first zone and race meetings in the second zone, nor as […]
§ 249. Pari-mutuel employees to be citizens and residents. At least eighty-five per centum of the persons employed each day by a racing corporation conducting a race meeting, to operate or assist in the operation of its pari-mutuel system of betting shall be citizens of the United States and residents of the state of New […]
§ 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. 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. 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. […]
§ 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. 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. 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. 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 […]
