In addition to the qualifications set forth in Lot 8004.05 above, an applicant for an occupational license as an owner shall:

1. (a) Be a member of the USTA;
2. (b) Be recommended for the occupational license by 2 persons whom the applicant has known for at least 2 years and who are not relatives; and
3. (c) Have the financial ability to care for and maintain the horses he or she owns or trains, as demonstrated by a history of meeting such financial obligations without the accumulation of unpaid bills, defaulted payments, or dishonored or refused payments made by check or draft.

Source. (See Revision Note at chapter heading for Lot 8000) #12544, eff 6-1-18