Section 2031.001 - Establishment of Texas Derbies(a) The commission shall establish as Texas Derbies the following annual stakes races: (1) one race open to three-year-old Thoroughbreds;(2) one race open only to three-year-old Texas-bred Thoroughbreds;(3) one race open to three-year-old quarter horses; and(4) one race open only to three-year-old Texas-bred quarter horses.(b) Each Texas Derby must be held annually on a date and at the class 1 racetrack determined by the commission. The commission shall determine the location of each Texas Derby in consultation with:(1) each class 1 racetrack;(2) the official state horse breed registries; and(3) the official horsemen's organization.(c) The commission may sell the right to name a Texas Derby. The commission shall deposit the proceeds from the sale of the right to name a Texas Derby into the Texas Derby escrow purse fund established under Section 2031.004.Tex. Occ. Code § 2031.001
Added by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 963,Sec. 1.01, eff. 4/1/2019.