OWNERS
§ 303.6. Licensing requirements for owners.
(a) Each person who has a 5% or more ownership or beneficial interest in a horse is required to be licensed.
(b) An applicant for an owner’s license shall own or lease a horse which is eligible to race, registered with the racing secretary and under the care of a trainer licensed by the Commission. An owner shall notify the Stewards of a change in trainer of his/her horse. A horse shall not be transferred to a new trainer after entry.
(c) Notwithstanding § 185.6 (relating to age requirement) of the Commission’s regulations, a horse owner of any age may apply for an owner’s license. If younger than 18 years of age, an applicant for an owner’s license shall submit a notarized affidavit from the applicant’s parent or legal guardian stating that the parent or legal guardian assumes responsibility for the applicant’s financial, contractual and other obligations relating to the applicant’s participation in racing.
(d) Each licensed owner is responsible for disclosure to the Commission or its designee of the true and entire ownership of each of the owner’s horses registered with the racing secretary. Any change in ownership or trainer of a horse registered with the racing secretary shall be approved by the Stewards. Each owner shall comply with all licensing requirements set forth in Chapter 185 (relating to occupational licenses—temporary regulations).
(e) The Commission or its designee may refuse, deny, suspend or revoke an owner’s license for the spouse or member of the immediate family or household of a person ineligible to be licensed as an owner, unless the applicant or licensed owner demonstrate and the Commission concludes that participation in racing will not permit a person to serve as a substitute for an ineligible person. The transfer of a horse to a spouse, member of the immediate family or household solely to circumvent the ineligible status of the owner of the horse is prohibited.
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