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N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 246

Approval of plans of corporation

Redline — January 1, 2015 → current.View current text →
Current — January 1, 2021
As of January 1, 2015
§ 246. Approval of plans of corporation. The state racing and wagering\nboard shall not grant to a corporation hereafter formed pursuant to this\nchapter, a license to conduct a running or steeplechase race meeting\nwithin the state until such corporation shall have submitted to the\nboard a statement of the location of its proposed grounds and racetrack,\ntogether with a plan of such racetrack, and plans of all buildings,\nseating stands and other structures, in such form as the board may\nprescribe, and such plans shall have been approved by the board. The\nboard at the expense of the applicant may order such engineering\nexamination thereof as the board may deem necessary. Alterations of\nbuildings, seating stands or other structures, and the erection of new\nor additional buildings, seating stands or other structures on the\ngrounds of any corporation heretofore or hereafter formed pursuant to\nthis chapter may be made only with the approval of the board and after\nexamination and inspection of the plans thereof and the issuance of a\npermit therefor by such board. The approval of the certificate of\nincorporation of such corporation shall not be deemed to vest in it the\nright to a license to conduct running or steeplechase race meetings at\nsuch race course or racetrack unless such grounds, track, buildings,\nseating stands and other structures shall be completed in accordance\nwith the plans approved by the board.\n
§ 246. Approval of plans of corporation. The commission shall not\ngrant to a corporation hereafter formed pursuant to this chapter, a\nlicense to conduct a running or steeplechase race meeting within the\nstate until such corporation shall have submitted to the commission a\nstatement of the location of its proposed grounds and racetrack,\ntogether with a plan of such racetrack, and plans of all buildings,\nseating stands and other structures, in such form as the commission may\nprescribe, and such plans shall have been approved by the commission.\nThe commission at the expense of the applicant may order such\nengineering examination thereof as the commission may deem necessary.\nAlterations of buildings, seating stands or other structures, and the\nerection of new or additional buildings, seating stands or other\nstructures on the grounds of any corporation heretofore or hereafter\nformed pursuant to this chapter may be made only with the approval of\nthe commission and after examination and inspection of the plans thereof\nand the issuance of a permit therefor by such commission. The approval\nof the certificate of incorporation of such corporation shall not be\ndeemed to vest in it the right to a license to conduct running or\nsteeplechase race meetings at such race course or racetrack unless such\ngrounds, track, buildings, seating stands and other structures are\ncompleted in accordance with the plans approved by the commission.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.