N.J. Admin. Code § 2:32-2.30

Current through Register Vol. 56, No. 21, November 4, 2024

Section 2:32-2.30 - Broadcasting revenues

(a) In the event the Sire Stakes Board receives revenues derived from the broadcast of Sire Stakes events, any incremental revenues derived from these broadcasts shall be exclusively used by the New Jersey Sire Stakes Program to supplement the purse of Sire Stakes races.

(b) The nominator and/or owner of horses racing in Sire Stakes events expressly and irrevocably assigns to the New Jersey Sire Stakes the ownership rights of any broadcast revenues derived therefrom.

N.J. Admin. Code § 2:32-2.30

Amended by R.1989 d.95, effective 2/21/1989.
See: 20 New Jersey Register 2952(a), 21 New Jersey Register 443(a).
This section was recodified from 2.34. The original section was "Four-year-old division".