(a) After licensing pursuant to this part, the corporation shall:
- (1) Report to the Arkansas Racing Commission in writing any change in corporate personnel who have been designated by the commission as key executives; and
- (2) Furnish the commission an annual profit and loss statement and an annual balance sheet.
- (b) The commission may require that any such corporation furnish the commission with a copy of its federal income tax return within thirty (30) days after such return is filed with the federal government.