If the legal Owner of A Horse is a corporation, limited liability company, partnership, syndicate or other association or entity, each shareholder or partner shall be licensed as an Owner; provided that if there are more than twenty (20) shareholders, members, partners, or individuals, no more than twenty (20) shall be required to be licensed unless the Stewards or the Commission determine(s) that the best interests of racing dictate that any other or all shareholders, members, partners, or individuals should be licensed.
Okla. Admin. Code § 325:15-5-24