N.J. Admin. Code § 2:32A-2.8

Current through Register Vol. 57, No. 1, January 6, 2025

Section 2:32A-2.8 - Eligibility

(a) In order for the Standardbred Development Fund eligible two-year-old horses to remain eligible as three-year-olds, their owners must have made the yearling nominations and the first two-year-old sustaining payments.

(b) A two-year-old's owner who makes the nomination payment but fails to make the first sustaining payment may regain his or her horse's eligibility for its two-year-old and three-year-old seasons by payment of a penalty of $ 1,000 plus the amount of the first sustaining payment within 30 days of the original due date of the payment.

N.J. Admin. Code § 2:32A-2.8

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

Adopted by 54 N.J.R. 1703(a), effective 9/6/2022