Code of Maryland Regulations
Title 09 - MARYLAND DEPARTMENT OF LABOR
Subtitle 10 - RACING COMMISSION
Chapter 09.10.04 - General
Section 09.10.04.22 - Leases of Horses

Universal Citation: MD Code Reg 09.10.04.22

Current through Register Vol. 51, No. 19, September 20, 2024

A. A leased horse may not participate in racing unless the lease agreement is:

(1) Attached to the horse's registration papers;

(2) Submitted to the horsemen's bookkeeper; and

(3) Approved by the stewards or judges.

B. A lease agreement for a horse may not be approved by the stewards or judges unless the:

(1) Lessee is licensed as an owner;

(2) Signatures of the lessor and lessee are verified by the stewards or judges;

(3) Term of the lease, which may contain provisions for earlier termination due to the claim or retirement of the horse, is not less than 365 days; and

(4) Agreement completely divests the lessor of further control or direction of the horse during the term of the lease.

C. A leased horse may not be entered into a claiming race unless the terms of the lease indicate:

(1) The minimum claiming price for which the horse may be entered; and

(2) Who shall receive the claiming monies if the horse is successfully claimed.

Disclaimer: These regulations may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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