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Current as of January 01, 2025 | Updated by Findlaw Staff
The purposes of this compact are to:
(1) derive uniform requirements among the party states for the licensure of participants in live horse racing with pari-mutuel wagering;
(2) ensure that all licensees pursuant to this compact meet a uniform minimum standard of honesty and integrity;
(3) facilitate the growth of the horse racing industry by simplifying the process for qualified applicants for a license to participate in live racing;
(4) reduce the cost incurred by each state and applicant from the separate licensing process conducted by each state that conducts live horse racing;
(5) authorize the Commission to participate in this compact;
(6) permit officials from the party states to participate in this compact;
(7) through the compact committee established by this compact, enter into contracts with governmental agencies and other persons to carry out the purposes of this compact; and
(8) establish the compact committee created by this compact as an interstate governmental entity duly authorized to request and receive criminal history record information from:
(i) the Federal Bureau of Investigation;
(ii) state and local authorities; and
(iii) foreign law enforcement agencies.
Cite this article: FindLaw.com - Maryland Code, Business Regulation § 11-1302 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-11-1302/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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