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Tex. Occ. Code § 2026.153

MANAGEMENT CONTRACT: REQUIREMENTS AND LIMITATIONS

Known as the Texas Racing Act

The act spans §§ 2021.001 to 2035.106 (279 sections).

Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff

(a) A person awarded a management contract to operate a racetrack must meet all of the requirements for a license under Sections 2025.101 and 2025.201.

(b) The commission may not approve a management contract to operate or manage a racetrack owned by a governmental entity unless the racetrack license holder is an owner of the entity that proposes to manage the racetrack.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.