Pennsylvania Code
Title 58 - RECREATION
Part VII - GAMING CONTROL BOARD
Subpart B - Licensing, Permitting, Certification and Registration
Chapter 436a - HORSEMEN'S ORGANIZATIONS
Section 436a.4 - Responsibilities of horsemen's organizations, representatives and fiduciaries
Current through Register Vol. 54, No. 44, November 2, 2024
(a) Horsemen's organizations, representatives and fiduciaries shall ensure that the funds allocated to the horsemen and horsemen's organizations are used for the benefit of all horsemen of this Commonwealth.
(b) Funds allocated to horsemen's organizations for benevolent programs must be kept separate and apart from funds acquired from other sources and may not be used for the personal benefit of any representative or fiduciary of a horsemen's organization except to the extent that the representative or fiduciary is a participant in the benevolent programs on the same basis as other eligible program participants.
(c) Horsemen's organizations shall ensure that the funds allocated for thoroughbred jockeys and standardbred drivers are paid in accordance with section 1406(a) of the act (relating to distributions from Pennsylvania Race Horse Development Fund) and that the distribution of these proceeds is reflected in the annual audit required under section 1406(e) of the act and Article XVII-O of The Fiscal Code (72 P. S. § 1701-O).
(d) Horsemen's organizations shall maintain adequate records of receipts and distributions of the funds allocated to them under the act.
(e) Horsemen's organizations shall file with the Board: