01-017-13 Me. Code R. § 2

Current through 2024-51, December 18, 2024
Section 017-13-2 - Pari-Mutuel Director

All pari-mutuel directors must be licensed by the Commission. A pari-mutuel director shall furnish the Association with a bond in the amount of $10,000 before being allowed to operate. A copy of the bond must be on file with the Commission prior to opening. An Association may waive the requirement for the bond if the pari-mutuel director is a regular employee of the Association. The pari-mutuel director, on behalf of the Association, shall be responsible for all reports, and ensure the Association's pari-mutuel operations are in conformity with the rules of the Commission.

There must be a pari-mutuel director licensed by the Commission on the grounds of the Association overseeing pari-mutuel operations at all times from the opening of the pari-mutuel pools to the close of the day's live racing card.

01-017 C.M.R. ch. 13, § 2