(a)

1. (1) All corporations and limited liability companies (LLC) having any interest in a thoroughbred horse shall file with the stewards at the time of filing an application for an owner's license a statement in duplicate setting forth the names and addresses of all officers, directors, and stockholders of said corporation, and officers, directors, managers, members, and owners of each LLC, together with the amount of the respective holdings of each stockholder, member, or other owner, as the case may be, and a statement as to whether or not said stock and/or membership interest is paid in full, and including the designation of an authorized agent or agents of said corporation or LLC, as the case may be.
2. (2) The said statement shall be signed by the president of the corporation, attested to by its secretary, and the corporate seal attached, or in the case of an LLC by an authorized member or manager of the LLC.
3. (3) A copy of said statement shall be transmitted promptly to the office of the Arkansas Racing Commission by the stewards, provided, however, that the stewards may in their discretion and for good cause waive these requirements if horses are shipped in for stakes races.