Conn. Agencies Regs. § 12-574-F61 - Greyhound partnerships and corporations

(a) Registration of greyhound partnerships. All partnership owners shall be registered with the division, pay the fee required if applicable and report the name, address, date of birth and social security number of all partners and of every person having any interest in a greyhound, as well as the relative proportions of such interest. The terms of any sales with contingencies or arrangements shall be signed by all parties or their authorized agents and be filed with the racing secretary, a copy of which shall be transmitted immediately before the opening of the race meet to the division. All partners shall each be jointly and severally liable for all stakes and forfeits. The division in its sole discretion may require each partner or, in the case of limited partnerships authorized to do business in Connecticut, each general and limited partnership registered hereunder to apply and qualify for a greyhound owner's occupational license.
(b) Requirements of greyhound partnerships. All statements of partnerships, or sales with contingencies or arrangements, shall declare to whom winnings are payable, in whose name the greyhound shall run and with whom the power of entry or of declaration of forfeit rests. A copy of this information shall be transmitted immediately to the division.
(c) Emergencies. In case of emergency, authority to sign declarations of partnerships may be given to the racing secretary by a facsimile promptly confirmed by signed letter.
(d) Assignments. The part-owner of any greyhound cannot assign his share or any part of it without the written consent of the other partners, the said consent to be filed with the racing secretary.
(e) Requirements of greyhound corporations. All corporations having any interest in a greyhound shall file with the division at the time of filing application for an occupational license, a statement in duplicate setting forth the names and addresses and date of birth and social security number of all officers, directors and stockholders of said corporation, together with the amount of the respective holdings of each stockholder and a statement as to whether or not said stock is paid in full. This statement shall also designate an authorized agent, or agents of said corporation and be signed by the president of the corporation, attested to by its secretary and have the corporate seal attached. Furthermore this statement shall also contain an affidavit signed under oath by the president and secretary of the corporation that no officer, director or shareholder of the corporation is at that time under suspension by the division or disqualified to be licensed as a greyhound owner by the executive director. The division in its sole discretion may require all officers, directors or shareholders of a corporation registered hereunder to apply and qualify for a greyhound owner's occupational license.
(f) Transfer of stock, changes in officers and directors. Any transfer of stock of such corporation or change in the officers or directors shall be reported promptly in writing to the division.

Notes

Conn. Agencies Regs. § 12-574-F61
Adopted effective October 3, 2001

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