Section 1505 - Qualifications for License as Horse Owner(a) No person may be licensed as a horse owner who is not the owner of record of a properly registered race horse which is in the care of a licensed trainer, or (1) who does not have an interest in such race horse as a co-owner, part owner, or lessee, or(2) who is not the responsible managing employee of a corporation or a limited liability company (Corporations Code section 17000 et seq.) which is the legal owner of such horse.(b) No person licensed by the Board as a jockey, apprentice jockey, racing official, assistant starter or veterinarian's assistant shall be licensed also as a horse owner.(c) A horse owner's license shall be granted to individual natural persons only.(d) An applicant for renewal of a horse owner license whose license is in good standing with the Board, but who is not the owner of record of a properly registered race horse which is in the care of a licensed trainer, or who does not have an interest in such race horse as a co-owner, part owner, or lessee, may renew such license as horse owner.Cal. Code Regs. Tit. 4, § 1505
1. Amendment of section and new NOTE filed 8-14-98; operative 9-13-98 (Register 98, No. 33).
2. New subsection (d) filed 11-17-2008; operative 12-17-2008 (Register 2008, No. 47). Note: Authority cited: Sections 19420 and 19440, Business and Professions Code. Reference: Sections 19460 and 19520, Business and Professions Code.
1. Amendment of section and new Note filed 8-14-98; operative 9-13-98 (Register 98, No. 33).
2. New subsection (d) filed 11-17-2008; operative 12-17-2008 (Register 2008, No. 47).