N.J. Admin. Code § 2:32A-2.1

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

Section 2:32A-2.1 - Adoption of by-laws

(a) The by-laws of the New Jersey Standardbred Development Fund Program are hereby adopted as follows:

1. There is hereby established in the State of New Jersey a Standardbred Development Fund Program for Standardbred horses, foaled in the State of New Jersey, and to be the product of a registered New Jersey mare, registered with the New Jersey Standardbred Development Fund Program as such.

2. Those horses eligible to race under the Standardbred Development Fund Program shall be:

i. Any foal of any registered New Jersey mare that shall have resided in the State of New Jersey for a minimum of 150 consecutive days, including the foaling of said eligible horse; or

ii. Any foal sired by a registered New Jersey-based stallion and otherwise eligible to the New Jersey Sire Stakes Program.

3. The Standardbred Development Fund Program shall be administrated by the Board of Trustees of the New Jersey Sire Stakes Program.

4. The Board of Trustees of the Sire Stakes Program is authorized to do all that is necessary for the proper administration of the Standardbred Development Fund Program and shall prepare, issue, and promulgate rules providing for:

i. Classes and division of races, eligibility of horses and owners therefore, and prizes and awards to be awarded;

ii. Nominating, sustaining, and entry fees for horses and races;

iii. Such temporary programs including eligibility of horses, breeding, and other matters as may be necessary to make the Sire Stakes Program operable as soon as possible;

iv. Registration and certification of New Jersey stallions, mares bred to such stallions, and foals produced thereby; and

v. Such other matters as the Board determines to be necessary and appropriate for the proper administration and implementation of the Standardbred Development Fund Program.

5. The funds for the Standardbred Development Fund Program and the nominating, sustaining, and entry fees provided for in this chapter, shall be administered by the New Jersey Department of Agriculture and shall be deposited in a trust account entitled Sire Stakes Fund.

6. All disbursements from the Sire Stakes Fund for the payment of purses and awards, cost of administration, reimbursement of expenses of members of the Board of Trustees, and any other appropriate expenses, shall be made by the Secretary of Agriculture or his or her designee.

7. Standardbred Development Fund races shall be run only at licensed harness tracks in the State of New Jersey. The races, purses, and awards awarded therefore shall be pursuant to the rules of the Board of Trustees of the New Jersey Sire Stakes in this chapter and the New Jersey Racing Commission.

N.J. Admin. Code § 2:32A-2.1

Amended by 47 N.J.R. 647(a), effective 3/16/2015.