3769-5-19 Statements of partnership.

(A) Statements with respect to all partnerships and the name and address of every individual having any interest in a horse, the relative proportions of such interest, and the terms of any sale with contingencies, or any lease, or of any arrangements, must be signed by all the parties or by their authorized agents and be given to the racing secretary. A copy of such statement shall be transmitted to the Ohio state racing commission before any horse which is joint property or which is sold with contingencies or is leased can start in any race, except that the stewards may in their discretion for good cause waive this requirement if horses are shipped in for stakes races. All the partners, and each of them, shall be jointly and severally liable for all stakes and obligations.

(B) All statements of partnerships, of sales with contingencies, of leases, or of arrangements shall declare the name of the nominator (to whom winnings are payable), in whose name the horses will run, and with whom rests the power of entry or of declaration of forfeit.

Five Year Review (FYR) Dates: 07/24/2015 and 07/24/2020
Promulgated Under: 119.03
Statutory Authority: 3769.03
Rule Amplifies: 3769.03
Prior Effective Dates: 1/1/85