Cal. Rev. & Tax. Code § 5714
Current through the 2023 Legislative Session.
"Stakes-producing broodmare" means a broodmare which has produced at any time during her life a racehorse which has won a race with a purse to which owners of participating horses have contributed nomination, entry, or starting fees or a recognized stakes race in which all entrants raced by invitation.
Ca. Rev. and Tax. Code § 5714