La. Admin. Code tit. 46 § XLI-1903

Current through Register Vol. 50, No. 11, November 20, 2024

Section XLI-1903 - License Information

A. Anyone desiring to operate a training track must make application to the commission on or before April 15 of each year. On or before May 1 each year, the commission will consider all applications for a license to operate a training track.

B. An applicant seeking such license shall provide the following information:

1. the full name of the person, partnership, corporation, or limited liability company, and the names of agents for service of process within Louisiana;

2. if an association or corporation, the names of the stockholders and directors of the corporation or the names of the members of the association;

3. if a partnership or limited liability company, the names and addresses of each partner or member, the relative proportions of such interests, and terms of management;

4. the exact location where it is desired to operate a training track;

5. a statement of the assets and liabilities of the person or entity applying for the license;

6. name of liability insurer, policy number, name of insureds, certificate of insurance in an amount not less than $1,000,000, and proof that the Louisiana State Racing Commission is listed as a notified party on the insurance policy and certificate in such a manner that the Louisiana State Racing Commission receives notice of all renewals and any lapses in coverage;

7. such other information as the commission may require.

La. Admin. Code tit. 46, § XLI-1903

Promulgated by the Department of Commerce, Racing Commission, LR 4:289 (August 1978), amended by the Office of the Governor, Division of Administration, Racing Commission, LR 38:1018 (April 2012), Amended by the Office of the Governor, Division of Administration, Racing Commission, LR 43316 (2/1/2017).

AUTHORITY NOTE: Promulgated in accordance with R.S. 4:148.