Business and Professions Code section 19423

A person is disqualified from membership on the board if the person, the person’s spouse or any dependent child thereof:

(a)

Holds a financial interest in any horse racing track.

(b)

Holds a financial interest or position of management with any business entity which conducts parimutuel horse racing.

(c)

Holds a financial interest in a management or concession contract with any business entity which conducts parimutuel horse racing.

Source: Section 19423, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=19423.­ (updated Jan. 1, 2001; accessed Oct. 27, 2025).

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Verified:
Oct. 27, 2025

§ 19423's source at ca​.gov