§ 185.61. Duty of associations and corporate licensees.
Each association, firm or corporation participating in the management of any association and all other corporations licensed by the Commission to engage in any activity connected with pari-mutuel racing shall provide the Commission with a complete list of all of its stockholders indicating the number of shares held by each stockholder, once a year as per the direction of the Commission to designated representative. Each licensee shall within 10 days after any transfer of stock in such licensee notify the Commission of such transfer with the name of the transferee and the number of shares held by such transferee.
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