Cal. Code Regs. tit. 4 § 1507
Current through Register 2024 Notice Reg. No. 49, December 6, 2024
All general partners in the partnership owning a race horse assume equal responsibilities of ownership, and all such general partners are required to be licensed, irrespective of the percentage of partnership held. No limited partner may be granted a license as horse owner.
Cal. Code Regs. Tit. 4, § 1507