71 IAC 14.5-3-1 Owner award

Sec. 1. (a) An owner award is the award paid to the owner of a registered Indiana bred quarter horse that places first, second, or third in any race, except claiming races when entered for a claiming price of less than five thousand dollars ($5,000) or any speed index race, at a licensed pari-mutuel racetrack in Indiana. (b) In the event of multiple owners, the award will be paid to the individual listed first on the Equibase result chart. It is the responsibility of the individual who receives the owner award to distribute these monies to the remaining owners. (c) The amount of the award in races at a licensed parimutuel track in Indiana shall be determined annually by the commission after reviewing recommendations by the quarter horse breed development committee. (d) Awards will be paid by the commission.