038-7 Wyo. Code R. § 7-7

Current through April 27, 2019
Section 7-7 - Owner

(a) Each owner must obtain a license from the Commission and shall register with the Racing Secretary at each track all his horses, giving the name, color, sex, age and breeding of each horse.

(b) A license as an owner shall not be granted to a corporation or to the lessee of any corporation unless the corporation shall have no more than ten stockholders or members, each of whom shall be the registered and beneficial owner of stock or membership in the corporation. A corporation having more than ten stockholders shall not lease for racing purposes to any natural person or partnership any horse owned or controlled by it. Each stockholder must obtain an owners license. All the stockholders of a corporation which own or lease horses for racing purposes in Wyoming shall file with the Commission when requested, a report containing information the Commission may specify. If a stockholder fails to file the report the Commission may refuse a license to any lessee of the corporation or may revoke any license.

  • (i) Prior approval by the Stewards shall be required for leases. No licensee shall lease a horse for the purpose of racing at Wyoming tracks without prior approval of the Stewards.
  • (ii) The lessee and lessor shall hold an owners license.
  • (iii) A copy of the lease shall be furnished to the Commission. Each licensee who leases a horse racing at any meeting must submit a copy of that lease to the Commission. The lease must contain at least all of the conditions of the lease arrangement and the names of all parties and horses related to the lease. The failure to submit accurate and complete information under this rule is a violation of these rules.
  • (iv) Lessor information. When any lessor of a horse is a corporation, syndicate, partnership or other entity of multiple interest it shall furnish the Commission under oath the identification of its stockholders, members, partners, etc.

(c) If any owner changes trainers, he must secure permission of the Stewards and notify the Racing Secretary and cause the new trainer to sign his name on the owner's registration.

(d) No owner shall employ a jockey for the purpose of preventing him from riding in any race.

(e) No owner shall accept any bribe, gift or gratuity which might influence the result of any race.

(f) An owner shall see to it that a report is made promptly to the Racing Secretary and to the official veterinarian of any and all sickness of his horses.

(g) A stable may not have in its employment in any capacity any under age employee who has not been granted written permission by his parents or guardian or whose employment violates the law.

(h) The personnel of every stable and changes shall be registered by the trainer with the Commission.

(i) The owner of a horse ridden by a jockey in a race, who possesses or uses a mechanical or electrical device, may be penalized by loss of purse, etc.

038-7 Wyo. Code R. § 7-7

Amended, Eff. 4/24/2017.