La. Admin. Code tit. 35 § III-5725
Current through Register Vol. 50, No. 8, August 20, 2024
Section III-5725 - Horsemen's BookkeeperA. Each association conducting a race meeting shall provide a separate office to be used by the horsemen's bookkeeper who shall keep a separate bank account to be known as the "horsemen's bookkeeper account."B. Except for the fee of a jockey (the deposit of which shall be made as provided for in LAC 46:XLI.725), prior to the first race of each race day in which races are run at a licensed race meeting conducted by an association, the horsemen's bookkeeper account shall contain at all times funds sufficient to cover all monies due horsemen relative to purses (offered by an association on its official program), stakes, rewards, claims and other deposits. The association conducting the race meeting shall be required to make a deposit in the horsemen's bookkeeper account each day racing is conducted by it, and as required herein, in an amount equal to the purses to be distributed by it for the races to be run at its track on each race day. Withdrawals from said account shall be only for the purposes set forth herein and no other, except by written order of the stewards. The horsemen's bookkeeper account shall be subject to audit by the commission at all times.La. Admin. Code tit. 35, § III-5725
Adopted by the Racing Commission in 1971, promulgated by the Department of Commerce, Racing Commission, LR 1:497 (November 1975), amended LR 2:434 (December 1976), LR 3:30 (January 1977), LR 4:278 (August 1978), LR 12:11 (January 1986), LR 13:289 (May 1987).AUTHORITY NOTE: Promulgated in accordance with R.S. 4:148.