Business and Professions Code section 19597

Notwithstanding any other provision of this chapter, a person licensed under this chapter to conduct a horse racing meeting shall, as to any payment made to a person who has wagered by contributing to a parimutuel pool operated by such licensee, also deduct the applicable breakage, as defined by Section 19405.

Source: Section 19597, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=19597. (accessed Apr. 24, 2025).

19590
19591
19592
19592.5
19593
19594
19595
19596
19596.1
19596.2
19596.3
19596.4
19596.21
19597
19597.5
19598
19599
19601
19601.01
19601.02
19601.2
19601.3
19601.4
19602
19603
19604

Last Updated

Apr. 24, 2025

§ 19597’s source at ca.gov

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Location: https://california.public.law/codes/business_and_professions_code_section_19597

Original Source: Section 19597, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=19597. (last accessed Apr. 24, 2025).