California Business and Professions Code § 19429

Business and Professions Code
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A person is disqualified from employment by the board if the person, the person’s spouse, or any dependent child thereof: (a) Holds a financial interest in a horserace track. (b) Holds a financial interest or position of management with an entity that conducts parimutuel horseracing. (c) Holds a financial interest in a management or concession contract with a business entity that conducts parimutuel horseracing.

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