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This entry was published on 2014-09-22
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ARTICLE 5
Regional Off-track Betting Corporations
Racing, Pari-Mutuel Wagering and Breeding Law (PML) CHAPTER 47-A
ARTICLE V

REGIONAL OFF-TRACK BETTING CORPORATIONS
Section 501. Definitions.

502. Establishment of regional off-track betting corporations.

503. Powers of regional corporations.

503-a. Additional powers of the regional off-track betting

corporations.

504. Policing off-track betting.

505. Acquisition or leasing of property.

506. Loans and contributions by a participating county to a

corporation.

507. Contracts of corporations.

508. Issuance of bonds and notes by a corporation.

509. Reserve fund.

509-a. Capital acquisition fund.

510. State and participating counties not liable on bonds and

notes.

511. State's right to require redemption of bonds.

512. Remedies of holders of bonds and notes.

513. Exemption from taxation.

514. Notice of claim; action against corporation.

515. Bonds and notes as legal investments.

516. Moneys of corporations; disposition of net revenues.

517. Annual reports.