R 431.1150 Ownership prohibition.

Rule 1150. A person approved by the executive director as a racing official, employee of a racing official, or an association employee directly connected with the running of a race or the classification of horses shall not be the owner or part owner of a horse racing at the meeting and shall not participate financially, directly or indirectly, in the purchase or sale of a horse racing at the meeting. Association employees not directly connected with the running of a race may be the owner or part owner of a horse racing at the meeting with the approval of the executive director.