New Hampshire Revised Statutes 284:12-a – License Required; Investigation Fees
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I. No person, association, corporation, or any other type of entity shall hold any live running or harness race or meet, shall offer wagers on historic horse races, or shall conduct any simulcast running or harness horse or dog race or meet, at which pari-mutuel pools are sold without a license from the lottery commission.
II. Investigation fees shall be collected by the lottery commission and shall be continually appropriated to the lottery commission and used by the lottery commission to offset the costs of conducting background checks and monitoring of license applicants and licensees as required under this section, N.H. Rev. Stat. § 284:16, N.H. Rev. Stat. § 284:16-a, N.H. Rev. Stat. § 284:19, N.H. Rev. Stat. § 284:20, N.H. Rev. Stat. § 284:22, and N.H. Rev. Stat. § 284:22-a. Funds received hereunder and not expended for such investigations shall lapse to the special fund established in N.H. Rev. Stat. § 284:21-j 2 years after receipt of such funds.
II. Investigation fees shall be collected by the lottery commission and shall be continually appropriated to the lottery commission and used by the lottery commission to offset the costs of conducting background checks and monitoring of license applicants and licensees as required under this section, N.H. Rev. Stat. § 284:16, N.H. Rev. Stat. § 284:16-a, N.H. Rev. Stat. § 284:19, N.H. Rev. Stat. § 284:20, N.H. Rev. Stat. § 284:22, and N.H. Rev. Stat. § 284:22-a. Funds received hereunder and not expended for such investigations shall lapse to the special fund established in N.H. Rev. Stat. § 284:21-j 2 years after receipt of such funds.
Terms Used In New Hampshire Revised Statutes 284:12-a
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9