PURPOSE: The purpose of this rule is to require disclosure of the terms for the use of a Class A-licensed facility. (1) An applicant for a Class B license must disclose the terms and conditions of the lease or other agreement authorizing the applicant to sponsor, manage and conduct a pari-mutuel horse racing meet at a facility holding or applying for a Class A license.
- (A) A copy of the agreement must be provided unless no written agreement exists.
- (B) In case no written agreement exists at the time of application, a written agreement must be provided the commission as soon as the agreement has been reduced to writing.
- (2) This rule shall not apply to a Class B applicant who is also applying for a Class A license concurrently. Auth: section 313580.1, RSMo (1986). Original rule filedJuly l&1986, effective Oct. 27, 1986.