Cal. Code Regs. tit. 4 § 1507

Current through Register 2024 Notice Reg. No. 43, October 25, 2024
Section 1507 - Partnerships

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