2023 New York Laws › PML - Racing, Pari-Mutuel Wagering and Breeding Law › Article 5 - Regional Off-Track Betting Corporations › 503 - Powers of Regional Corporations.

§  503.  Powers  of regional corporations.  Subject to the general and
  specific limitations of sections two hundred  twenty-two  through  seven
  hundred  five  of  this  chapter  and  the  authority  of the commission
  pursuant to articles one and five-a of this  chapter,  each  corporation
  shall have power:
1. To sue and be sued;
2. To have a seal and alter the same at pleasure;
3.  To acquire, hold, lease, rent and dispose of personal property for
  its corporate purposes;
4.  To  acquire,  in  the  name  of  the  corporation,  by   purchase,
  condemnation,  gift,  grant  or  devise  or  otherwise, and to use, real
  property that is necessary or convenient for carrying out its  corporate
  purposes;  provided  that  the  corporation  shall  not condemn any real
  property without first having obtained the consent of the chief  elected
  official in the jurisdiction in which such real property is located. All
  real  property  acquired  by  the  corporation  by condemnation shall be
  acquired in the manner provided by law  for  the  condemnation  of  real
  property in the jurisdiction in which the real property is located;
5. To make by-laws for the management and regulation of its affairs;
6.  To  appoint  officers,  agents,  and employees, to prescribe their
  qualifications, and to fix their compensation;
7. To make contracts  and  leases,  and  to  execute  all  instruments
  necessary or convenient to accomplish its corporate purposes;
8.  To  construct  such buildings, structures and facilities as may be
  necessary;
9. To accept grants, loans and contributions from the  United  States,
  and the state or any agency or instrumentality of either of them, or any
  participating  county,  or  a  city,  or  any person, including gifts or
  transfers by bequest or otherwise, and to use the  same  or  expend  the
  proceeds thereof for its corporate purposes;
10.  In  the  manner  and  subject  to  the provisions of sections two
  hundred twenty-two through seven  hundred  five  of  this  chapter,  and
  subject to the rules and regulations of the commission, to establish and
  conduct  within  the region a system of off-track pari-mutuel betting on
  horse races, and, if licensed to do  so  under  article  three  of  this
  chapter, conduct harness race meetings;
10-a. In the Suffolk region, to install and operate up to two thousand
  video  lottery  gaming  terminals  at  a corporation's facility which is
  licensed pursuant to section one thousand eight or one thousand nine  of
  this chapter;
11.  a.  To  promulgate,  amend  and repeal such rules and regulations
  consistent with  the  provisions  of  sections  two  hundred  twenty-two
  through  seven  hundred five of this chapter as it may deem necessary or
  desirable to carry out the purposes of  this  article.  Such  rules  and
  regulations shall have the force and effect of law;
b.  No rule or regulation promulgated by a corporation pursuant to the
  provisions of this subdivision shall be effective until a  copy  thereof
  is filed with the clerk of each participating county;
c.  Any  violation  of  any  rule or regulation, filed with the county
  clerk of each county in which such corporation operates  and  designated
  by  the  letter  "R"  by  resolution  of  the  board of directors of the
  corporation,  shall  be  a  violation  and  shall   be   punishable   by
  imprisonment  for  not  more than three months, or by a fine of not more
  than one thousand dollars, or by both such imprisonment  and  fine.  All
  such  fines  collected shall be payable to the county comptroller in the
  county in which the violation occurred and shall be paid by such  county
  comptroller into the general fund of such county. Any such rule shall be
  effective,  notwithstanding  that any act or omission made an offense or

  punishable thereby may be a crime or violation or punishable  under  any
  other provision of law;
12. When licensed to conduct harness race meetings pursuant to article
  three  of  this  chapter, western regional off-track betting corporation
  shall be authorized to enter into an agreement to make payments in  lieu
  of  taxes to the Batavia city school district in an amount that is based
  upon the assessed value of Batavia Downs race track as of the first  day
  of January, nineteen hundred ninety-eight and to enter into an agreement
  with  the  county  of  Genesee  to pay five-tenths of one percent of the
  total deposits in pools  resulting  from  the  acceptance  of  simulcast
  wagering  at Batavia Downs race track in order to compensate such county
  for losses that may occur as the result of the closure of branch offices
  in said county.
12-a. To enter into, amend, cancel and terminate  agreements  for  the
  performance   among   themselves,   licensed   racing  associations  and
  corporations, and multi-jurisdictional account  wagering  providers,  as
  defined in section one thousand one of this chapter, of their respective
  functions, powers and duties on a cooperative or contract basis.
13.  To perform such other acts and engage in such other activities as
  may be necessary and proper for exercising its powers and performing its
  duties under this article.
14. Nassau regional off-track betting is authorized to enter into  and
  perform  an  agreement  pursuant  to  paragraph four of subdivision a of
  section sixteen hundred seventeen-a of the tax law to have video lottery
  terminals authorized pursuant to paragraph three  of  subdivision  a  of
  section  sixteen  hundred  seventeen-a  of the tax law hosted within the
  Aqueduct video lottery terminal facility.