Oregon Statutes 462.010 – Definitions
As used in this chapter, unless the context otherwise requires:
Terms Used In Oregon Statutes 462.010
- Commission: means the Oregon Racing Commission. See Oregon Statutes 462.010
- 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.
- Drug: means any narcotic, sedative, anesthetic, analgesic, drug or other medication of any kind or description intended for use in any manner, directly or indirectly, internally or externally, in the diagnosis, treatment, mitigation or cure of injury or disease or for use in the prevention of disease that could affect, in any manner, the racing condition or performance of an animal as a depressant, stimulant, local anesthetic, analgesic, sedative or otherwise. See Oregon Statutes 462.010
- Licensee: means a person, partnership, corporation, political subdivision, municipal corporation or any other body holding a license under this chapter. See Oregon Statutes 462.010
- Mutuel: means a system whereby:
(a) Wagers with respect to the outcome of a race are placed with a wagering pool in which the participants are not wagering against the operator; and
(b) The operator distributes to one or more winning participants the total amount in the wagering pool, less amounts deducted by the operator as approved by the commission. See Oregon Statutes 462.010
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Race: includes races conducted without wagering, provided one or more races in the meet are conducted with wagering. See Oregon Statutes 462.010
- Race course: means all the premises used in connection with the conduct of a race meet, including but not limited to, the race track, grandstands, paddock, stables, kennels and all other buildings and grounds adjacent to or appurtenant to the physical limits of the race track. See Oregon Statutes 462.010
- Race meet: means any exhibition of animal racing where the mutuel system is used in conjunction with any race. See Oregon Statutes 462.010
(1) ‘Breaks’ means the odd cents remaining after the payoff prices have been computed in accordance with ORS § 462.140 (3).
(2) ‘Calendar year’ means a 12-month year, January 1 through December 31.
(3) ‘Commission’ means the Oregon Racing Commission.
(4) ‘Continuous race meet’ includes any exhibition of animal racing continuously at the same race course by two or more licensees where the mutuel system is used in conjunction with any race.
(5) ‘Drug’ means any narcotic, sedative, anesthetic, analgesic, drug or other medication of any kind or description intended for use in any manner, directly or indirectly, internally or externally, in the diagnosis, treatment, mitigation or cure of injury or disease or for use in the prevention of disease that could affect, in any manner, the racing condition or performance of an animal as a depressant, stimulant, local anesthetic, analgesic, sedative or otherwise. ‘Drug’ includes:
(a) Substances, other than foods, intended to affect the structure or any function of the body of the animal and all substances affecting the central nervous system, respiratory system or blood pressure of any animal other than vitamins or supplemental feeds; and
(b) Any identified substance that can affect or interfere with the true and accurate testing and analysis of blood, saliva, urine or other samples taken from racing animals.
(6) ‘Fiscal year’ means a 12-month year, as described in ORS § 293.605.
(7) ‘Gross mutuel wagering’ means all mutuel wagering that is made in person:
(a) At the race course of a race meet licensee;
(b) At an off-race course mutuel wagering location approved by the commission; or
(c) Through account wagering authorized under ORS § 462.142.
(8) ‘Licensee’ means a person, partnership, corporation, political subdivision, municipal corporation or any other body holding a license under this chapter.
(9) ‘Mutuel’ means a system whereby:
(a) Wagers with respect to the outcome of a race are placed with a wagering pool in which the participants are not wagering against the operator; and
(b) The operator distributes to one or more winning participants the total amount in the wagering pool, less amounts deducted by the operator as approved by the commission.
(10) ‘Public training track’ means any race course or other facility that is available or open to the public for use in the training or schooling of racing animals.
(11) ‘Race’ means any race conducted in a race meet. ‘Race’ includes races conducted without wagering, provided one or more races in the meet are conducted with wagering.
(12) ‘Race course’ means all the premises used in connection with the conduct of a race meet, including but not limited to, the race track, grandstands, paddock, stables, kennels and all other buildings and grounds adjacent to or appurtenant to the physical limits of the race track.
(13) ‘Race meet’ means any exhibition of animal racing where the mutuel system is used in conjunction with any race. [Amended by 1953 c.497 § 4; 1955 c.335 § 1; 1957 c.313 § 1; 1969 c.356 § 10; 1975 c.550 § 1; 1977 c.855 § 1; 1981 c.544 § 1; 1987 c.913 § 7; 1997 c.865 § 1; 2003 c.14 § 294; 2011 c.176 § 1; 2014 c.44 § 3]