2023 New York Laws › PML - Racing, Pari-Mutuel Wagering and Breeding Law › Article 4 - Quarter Horse Racing and Breeding › 401 - General Powers of Commission.

§  401. General powers of commission. 1. Pursuant to the provisions of
  sections two hundred twenty-two  through  seven  hundred  five  of  this
  chapter,  the  commission  shall  have  power to supervise generally all
  quarter horse race meetings in this state at which  pari-mutuel  betting
  is  conducted.  The  commission  may  adopt  rules  and  regulations not
  inconsistent with sections two hundred twenty-two through seven  hundred
  five  of  this  chapter to carry into effect its purposes and provisions
  and to prevent circumvention or evasion thereof. In order that the rules
  of quarter horse racing may be uniform throughout the United States, the
  commission may adopt the rules and regulations of the  American  Quarter
  Horse  Association,  in  whole  or  in part, and may adopt such other or
  different rules as it deems necessary to carry into effect the  purposes
  and  provisions of sections two hundred twenty-two through seven hundred
  five of this chapter.
2. Without limiting the generality of the foregoing, and  in  addition
  to its other powers:
a.  The commission shall have power to fix minimum and maximum charges
  for admission to  quarter  horse  race  meetings  at  which  pari-mutuel
  betting  is  conducted provided, however, that the commission shall have
  power to fix the charge for admission of members of the armed forces  of
  the  United  States  in uniform at one-half of the amount fixed for such
  admission generally under authority of this section.
b.  The  commission  shall  prescribe  rules   and   regulations   for
  effectually  preventing  the use of improper devices, the administration
  of drugs or stimulants  or  other  improper  acts  for  the  purpose  of
  affecting  the  speed  of  quarter  horses in any race in which they are
  about to participate.
c. The rules of the commission shall also  provide  that  all  winning
  pari-mutuel  tickets must be presented for payment before April first of
  the year following the year of their purchase and failure to present any
  such ticket within the prescribed period  of  time  shall  constitute  a
  waiver of the right to participate in the award or dividend.
d.  The commission shall have power in its discretion, consistent with
  the powers of the department  of  taxation  and  finance,  to  prescribe
  uniform methods of keeping accounts, records and books to be observed by
  associations  or  corporations  licensed  under  the  provisions of this
  article or by any association or corporation  that  owns  stock  in,  or
  shares  in the profits, or participates in the management or affairs of,
  such licensed association  or  corporation,  or  by  any  person,  firm,
  association or corporation holding any concession, right or privilege to
  perform  any  service  or  sell  any  article  at  any  track  at  which
  pari-mutuel quarter horse racing meets are conducted. The commission may
  also in its discretion, consistent with the powers of the department  of
  taxation  and finance, prescribe by order forms of accounts, records and
  memoranda  to  be  kept  by  such  persons,   firms,   associations   or
  corporations. The commission shall have power to visit, investigate, and
  place  expert  accountants,  or  such  other  persons  as  it  may  deem
  necessary, in the offices, tracks or other places  of  business  of  any
  such  person, firm, association or corporation for the purpose of seeing
  that the provisions of sections two  hundred  twenty-two  through  seven
  hundred  five  of  this  chapter and rules and regulations issued by the
  commission thereunder are strictly complied with. Such  persons,  firms,
  associations or corporations shall annually file with the commission, on
  such  date  as  the  commission  shall prescribe, a report showing their
  financial condition and financial transactions during the  fiscal  year,
  including  a  balance sheet and a profit and loss statement, verified by
  the oath of at least  two  of  its  principal  officers,  if  it  be  an
  association  or  corporation  having officers, and by one or more of the

  owners or proprietors thereof if not an association or corporation.  The
  report  shall  be  in  such  form  and contain such other matters as the
  commission may determine from time to time to be necessary  to  disclose
  accurately the financial condition and operation of such persons, firms,
  associations  or  corporations  during  the  preceding  fiscal year. The
  commission may for good cause shown grant a reasonable extension of time
  for the filing of any such report.