Any corporation and all stockholders or members thereof which lease horses for racing purposes in the State of Illinois shall file with the Board upon request a report or reports containing such information as the Board may specify. Upon refusal or failure to file such report or reports the Board may refuse a license to any lessee or lessees of such corporation and/or may revoke any such license which it may have granted.
Ill. Admin. Code tit. 11, § 1409.135
Amended at 17 Ill. Reg. 12429, effective July 16, 1993