The Oregon Racing Commission may:

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Oregon Statutes 462.340

  • Commission: means the Oregon Racing Commission. 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
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100

(1) Adopt rules:

(a) To regulate exchange wagering in this state, including the manner in which exchange wagers may be accepted and the requirements for a person to participate in exchange wagering;

(b) Regarding the issuance, renewal, revocation and suspension of exchange wagering licenses;

(c) To require an annual audit of an exchange wagering licensee‘s books and records pertaining to exchange wagering; and

(d) As otherwise necessary to carry out the provisions of ORS § 462.301 to 462.340; and

(2) Require licensure or registration of the officers or directors of an exchange wagering licensee. [2019 c.313 § 15]

 

GENERAL REGULATIONS RESPECTING ANIMAL RACING