Ohio Administrative Code
Title 3769 - State Racing Commission
Chapter 3769-2 - Administrative Rules
Section 3769-2-11.1 - Claims upon a surety bond

Universal Citation: OH Admin Code 3769-2-11.1

Current through all regulations passed and filed through September 16, 2024

(A) The racing commission is the sole decision maker in determining if funds are due an aggrieved party as defined in rule 3769-2-11 of the Administrative Code. The racing commission may give the executive secretary authority to make this decision pending ratification at the next regularly scheduled or special meeting.

(B) The racing commission will gather any information it believes is necessary to determine (1) who an aggrieved party is; (2) how much money is owed the aggrieved party; and (3) why the money is owed to the aggrieved party.

(C) Once the racing commission determines how much money, if any, an aggrieved party is due, the racing commission may contact the permit holder in writing concerning the aggrieved party. The permit holder may be given ten business days to make the aggrieved party whole. Continuances may be granted at the discretion of the racing commission.

(D) If the permit holder fails to make the aggrieved party whole in the time frame prescribed by the racing commission, the racing commission may submit a claim on the bond.

(E) The racing commission cannot submit a claim on a bond that expired more than twelve months earlier.

Disclaimer: These regulations may not be the most recent version. Ohio 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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