R19-2-107. Stable Names

A. A licensed owner who wishes to race under a stable name shall register the stable name with the Department and pay the fee listed in R19-2-106. 1. Only an owner may register or secure a license under a stable name. 2. A name other than the legal name of an owner is a stable name. B. When registering a stable name, a licensed owner shall identify any individual or business entity operating under the stable name. 1. An individual operating under a stable name shall possess and be able to produce the individual’s owner’s license upon request by a racing official. 2. An individual operating under a stable name shall sign the authorized agent’s application. 3. A business entity operating under a stable name shall: a. Register to do business according to the laws of the state of Arizona; b. Submit a list that identifies each stockholder who owns more than 10% of the existing shares, or each partner in a partnership; c. Notify the Department immediately of any change in ownership; and d. Use the name under which the business entity does business in Arizona as its stable name. C. If consistent with other laws, a licensed owner may change a stable name by registering the new stable name and paying the applicable fee in R19-2-106. D. To abandon a registered stable name, a licensed owner shall provide written notice to the Department. E. A licensed owner shall select a stable name that is distinguishable from other registered stable names. F. Upon registration, the Department shall determine whether a prospective stable name will be: 1. Misleading to the public, or 2. Unbecoming to the sport. G. The Department shall not register a stable name that is misleading to the public or unbecoming to the sport. H. A licensed owner shall register a separate name for each of the owner’s stables. I. A licensed owner operating under a stable name shall pay all entry fees for and penalties against the stable. J. At the time of entry, a licensed owner shall ensure that the applicable stable name is furnished for the official program.