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Can you summarize ALCA 11-65-16?
HORSE RACING AND GREYHOUND RACING IN CLASS 1 MUNICIPALITIES. > Review of application for horse racing facility license.
Short Summary
This legal document pertains to the issuance and transfer of horse racing facility licenses. It outlines the minimum standards that an applicant’s facility must meet, including providing a track racing surface of at least one mile, being appropriate for year-round and night-time horse racing, and being located within the boundaries of the commission municipal jurisdiction or on land in the host county annexed to the sponsoring municipality. The document also specifies that more than 50 percent of both the ownership interest and voting interest in the applicant must be owned by persons who have a substantial presence in the state. Various conditions are provided to determine substantial presence, depending on the type of entity. The document further states that the issuance or transfer of a license may be denied if it is not in the interests of the people of the sponsoring municipality, if the applicant or any officer, general partner, or director of the applicant is disqualified or has provided false information, or if the applicant is not qualified to do business in the state or subject to the jurisdiction of the state courts.
Whom does it apply to?
Applicants for a horse racing facility license
What does it govern?
Horse racing facility license issuance and transfer
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Alabama