Connecticut Administrative Code › Title 12 - Taxation › 574-F - Operation of Greyhound Racing, Jai Alai and Off-Track Betting General Provisions › Licensing › Section 12-574-F61 - Greyhound partnerships and corporations

Current through July 10, 2024
(a)
Registration of greyhound partnerships
. All partnership owners
				shall be registered with the division, pay the fee required if applicable and
				report the name, address, date of birth and social security number of all
				partners and of every person having any interest in a greyhound, as well as the
				relative proportions of such interest. The terms of any sales with
				contingencies or arrangements shall be signed by all parties or their
				authorized agents and be filed with the racing secretary, a copy of which shall
				be transmitted immediately before the opening of the race meet to the division.
				All partners shall each be jointly and severally liable for all stakes and
				forfeits. The division in its sole discretion may require each partner or, in
				the case of limited partnerships authorized to do business in Connecticut, each
				general and limited partnership registered hereunder to apply and qualify for a
				greyhound owner's occupational license.
(b)
Requirements of greyhound
				partnerships
. All statements of partnerships, or sales with
				contingencies or arrangements, shall declare to whom winnings are payable, in
				whose name the greyhound shall run and with whom the power of entry or of
				declaration of forfeit rests. A copy of this information shall be transmitted
				immediately to the division.
(c)
Emergencies
. In case of emergency, authority to sign declarations
				of partnerships may be given to the racing secretary by a facsimile promptly
				confirmed by signed letter.
(d)
Assignments
. The part-owner of any greyhound cannot assign his
				share or any part of it without the written consent of the other partners, the
				said consent to be filed with the racing secretary.
(e)
Requirements of greyhound
				corporations
. All corporations having any interest in a greyhound shall
				file with the division at the time of filing application for an occupational
				license, a statement in duplicate setting forth the names and addresses and
				date of birth and social security number of all officers, directors and
				stockholders of said corporation, together with the amount of the respective
				holdings of each stockholder and a statement as to whether or not said stock is
				paid in full. This statement shall also designate an authorized agent, or
				agents of said corporation and be signed by the president of the corporation,
				attested to by its secretary and have the corporate seal attached. Furthermore
				this statement shall also contain an affidavit signed under oath by the
				president and secretary of the corporation that no officer, director or
				shareholder of the corporation is at that time under suspension by the division
				or disqualified to be licensed as a greyhound owner by the executive director.
				The division in its sole discretion may require all officers, directors or
				shareholders of a corporation registered hereunder to apply and qualify for a
				greyhound owner's occupational license.
(f)
Transfer of stock, changes in
				officers and directors
. Any transfer of stock of such corporation or
				change in the officers or directors shall be reported promptly in writing to
				the division.