Section 380. Underpayments carried over

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If, at the end of a horse race meeting, an underpayment of purses has occurred, the underpayment shall be carried over to the next horse race meeting of the same breed. The underpayment must be paid to the horse owners by adding the underpayment to the purses. The licensee shall repay the underpayment on an even basis over the course of the horse race meeting to prevent serious inconsistencies in purse levels during the horse race meeting.

Historical Notes

Derived from VR662-01-02 § 4.4, Volume 06, Issue 13, eff. April 25, 1990.

Statutory Authority

§ 59.1-369 of the Code of Virginia.

                    
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