Mo. Code Regs. Ann. tit. 12, § 50-80.180
Payment
Effective Jan 12, 1987section 313.540, RSMo 1986.* Emergency rule filed June 20, 1986, effective June 30, 1986, expired Oct. 13, 1986. Original rule filed Oct. 3, 1986, effective Jan. 12, 1987. *Original authority: 313.540, RSMo 1986Missouri Horse Racing Commission
PURPOSE: This rule sets forth the payment requirements for pari-mutuel tickets.
- (1) Payment on valid pari-mutuel tickets shall be made only upon presentation and surrender of the tickets to the association where the wager was made. Presentation and surrender must be within ninety (90) days following the running of the race on which the wager was made. Failure to present any ticket within ninety (90) days shall constitute a waiver of the rights to receive payment. The balance of funds not paid out constitutes the outs.
- (2) Payment of valid pari-mutuel tickets shall be made on the basis of the order of finish as posted on the infield results board and declared official by the judges; any subsequent change in the order of finish or award of purse money as may result from a subsequent ruling by the stewards or commission, shall in no way affect the pari-mutuel payoff. Cashier windows shall remain open a reasonable length of time after the last race.
AUTHORITY: section 313.540, RSMo 1986.* Emergency rule filed June 20, 1986, effective June 30, 1986, expired Oct. 13, 1986. Original rule filed Oct. 3, 1986, effective Jan. 12, 1987. *Original authority: 313.540, RSMo 1986.