- A. Each partnership must be registered with the commission, and its application for a license must be signed by all of the partners or their authorized agents. Each partner shall be required to obtain an owner's license.
- B. Each limited liability company must be registered with the commission, and its application must be signed by the member(s) or managing member(s) where designated. Every member having an interest of 5 percent or greater in the limited liability company shall be required to obtain an owner's license.
Authority Note
AUTHORITY NOTE: Promulgated in accordance with R.S. 4:148.
Historical Note
HISTORICAL NOTE: Adopted by the Racing Commission in 1971, promulgated by the Department of Commerce, Racing Commission, LR 2:429 (December 1976), amended LR 3:25 (January 1977), LR 4:274 (August 1978), LR 36:2863 (December 2010).