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Can you summarize 4 CACR Division 4, Article 27?
California Horse Racing Board > Exchange Wagering [Repealed]
Short Summary
The provided legal document content pertains to the regulation of Exchange Wagering by the California Horse Racing Board. Exchange Wagering refers to a form of wagering where individuals can bet against each other rather than against a bookmaker. The document provides information about the authority cited, references, and the history of the section. It mentions that the section was filed on August 6, 2013, and became operative on the same day. However, it also states that the section has been repealed on July 18, 2022, without regulatory effect. The document includes multiple sections and subsections, each with its own credits note, authority cited, references, and history. The specific provisions and regulations related to Exchange Wagering are not mentioned in this document. No exemptions or penalties are specified in this document. Therefore, it is important to refer to the relevant sections of the California Code of Regulations and the Business and Professions Code for detailed information on the governance, applicability, exemptions, and penalties related to Exchange Wagering.
Whom does it apply to?
California Horse Racing Board
What does it govern?
Exchange Wagering
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
California