23 CAR § 357-318. Authorized agents

(a)(1) Each authorized agent must file an application for a license for each owner represented setting forth the agent's authority to act for the owner, including any authority the agent may have to collect money from the franchise holder. (2) A copy of the agent's agreement with the owner, if in writing, shall be attached to the application. (b) A copy of the application and written agreement, if any, shall be filed permanently with the Racing Secretary. (c) Any changes in the agent's authority must be in writing and filed as above provided. (d) If an agent represents more than one (1) owner, a separate application shall be filed for each owner. (e) The term of the license shall be the calendar year unless the agent's appointment is revoked by the owner or the license is revoked by the Arkansas Racing Commission. (f) The revocation of an agent's authority shall be filed in writing with the commission and with the Racing Secretary.