Current as of January 01, 2020 | Updated by FindLaw Staff
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No owner's license or renewal thereof shall be granted to any corporation if the Commission finds that any principal stockholder of such stock corporation, or any member of such nonstock corporation:
1. Is or has been guilty of any illegal, corrupt or fraudulent act, conduct or practice in connection with horse racing in this or any other state, or has knowingly failed to comply with the provisions of this chapter or Commission regulations;
2. Has had a license or permit to hold or conduct a race meeting denied for cause, suspended or revoked in any other state or country; or
3. Has at any time during the previous five years knowingly failed to comply with the provisions of this chapter or any Commission regulations.
Cite this article: FindLaw.com - Virginia Code Title 59.1. Trade and Commerce § 59.1-379. Refusal of owner's license - last updated January 01, 2020 | https://codes.findlaw.com/va/title-59-1-trade-and-commerce/va-code-sect-59-1-379/
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 or via Westlaw before relying on it for your legal needs.
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