Virginia Administrative Code
Title 11 - GAMING
Agency 10 - VIRGINIA RACING COMMISSION
Chapter 100 - HORSES
Section 11VAC10-100-130 - Valuation of purse money
Universal Citation: 1 VA Admin Code 10-100-130
Current through Register Vol. 41, No. 3, September 23, 2024
The amount of purse money earned in foreign races is credited in United States currency on the day the purse money was earned for the purposes of determining penalties and allowances. There shall be no appeal for any loss on the exchange rate at the time of transfer from that of another country to United States currency.
Statutory Authority
§ 59.1-369 of the Code of Virginia.
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