71 IAC 14.5-3-3 Stallion owner award

Sec. 3. (a) A stallion owner award is the award paid to the owner or lessee of a registered Indiana stallion whose registered progeny 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 stallion owners, the award will be paid to the individual designated as the recipient on the stallion application. It is the responsibility of the designated recipient to distribute these monies to the remaining stallion 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. (e) The award will be paid to the owner or lessee of the registered stallion at time of conception. (f) No stallion standing outside Indiana and shipping semen into the state will be eligible to participate in any stallion breed development awards.