Mich. Admin. Code R. 431.3115

Current through Vol. 24-10, June 15, 2024
Section R. 431.3115 - Subscriptions

Rule 3115.

(1) Nominations to or entry of a horse in a stakes race is a subscription. Any subscriber to a stakes race may transfer or declare such subscriptions before closing.
(2) Joint subscriptions and entries may be made by any 1 of the owners of a horse, and each owner is jointly and severally liable for all payments due thereon.
(3) Death of a horse or an error in its entry when the horse is eligible does not release the subscriber or transferee from liability for all stakes fees due thereon. Fees paid into a subscription to a stakes race that is run shall not be refunded, except as otherwise stated in the conditions of a stakes race.
(4) Death of a nominator or original subscriber to a stakes race does not render void any subscription, entry, or right of entry. All rights, privileges, and obligations shall attach to the successor owner, including the legal representatives of the decedent.
(5) When a horse is sold privately or at public auction or is claimed, stakes engagements for such horse transfer automatically with the horse to its new owner; except that if the horse is transferred to an ineligible person, then the subscriptions are void as of the date of the transfer.
(6) All stakes fees paid toward a stakes race shall be allocated to the winner thereof unless otherwise provided by the conditions for such stakes race. If a stakes race is not run for any reason, all the subscriptions and fees shall be refunded.
(7) The stewards shall be given a true copy of the conditions of a stakes race before the trials for such race.

Mich. Admin. Code R. 431.3115

1985 AACS; 2021 MR 6, Eff. 3/26/2021