Administrative Code

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Virginia Administrative Code
Title 11. Gaming
Agency 10. Virginia Racing Commission
Chapter 50. Racing Officials

11VAC10-50-280. Horsemen's bookkeeper.

The licensee shall appoint a qualified person to act as the horsemen's bookkeeper during the race meeting. The horsemen's bookkeeper shall assist the racing secretary in maintaining the separate bank account known as the horsemen's account. Among the duties of the horsemen's bookkeeper are:

1. Ensuring the purse money statutorily mandated is deposited in the account within 48 hours after the running of the race and informing the commission immediately of any deficiencies;

2. Making all portions of purse money available when the stewards have authorized payment to the earners;

3. Ensuring that no portion of the purse money, other than jockey fees, is deducted without proper authorization;

4. Ensuring that proper authorization is on file prior to making deductions from the purse money other than jockey fees;

5. Mailing to each owner a duplicate record of a deposit, withdrawal or transfer of funds affecting the owner's racing at the close of the race meeting; and

6. Assisting the claims clerk in determining whether there are sufficient funds available for an owner or authorized agent to claim another horse.

Statutory Authority

§ 59.1-369 of the Code of Virginia.

Historical Notes

Derived from VR662-03-01 § 2.27, eff. December 19, 1990.

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