71 IAC 14.5-3-2 Breeder award

Sec. 2. (a) A breeder award is the award paid to the breeder 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 located in Indiana. (b) In the event of multiple breeders, the award will be paid to the individual designated as the recipient on the foal application. It is the responsibility of the designated recipient to distribute these monies to the remaining breeders. (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. (e) For breeder awards earned January 1, 2013, and thereafter, the recipient is the owner of the dam at the time of the dam's registration with the breed development program.