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Maryland Code, Business Regulation § 11-1311

Current as of December 31, 2021 | Updated by FindLaw Staff

Each party state in the compact shall:

(1) accept the decisions of the compact committee regarding the issuance or renewal of licenses;

(2) reimburse, or otherwise pay, the expenses of its official on the compact committee;

(3) not treat as a denial a notification to an applicant by the compact committee regarding its inability to process their application;

(4) reserve the right to:

(i) charge a fee for the use of a compact license within that party state;

(ii) apply its own standards to determine whether a compact committee license should be suspended or revoked;

(iii) apply its own standards for licensure or renewal of state applicants who do not meet the licensure requirements of the compact committee, or who are within a category of participants in live racing which the compact committee does not license; and

(iv) apply its own standards for licensure of nonracing employees at horse racetracks and at separate or satellite wagering facilities;

(5) through its racing commission or its equivalent, promptly notify the compact committee of any suspension or revocation that the party state has imposed on a compact committee licensee; and

(6) not be held liable for the debts or other financial obligations incurred by the compact committee.

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Cite this article: FindLaw.com - Maryland Code, Business Regulation § 11-1311 - last updated December 31, 2021 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-11-1311/

Read this complete Maryland Code, Business Regulation § 11-1311 on Westlaw

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