Or. Admin. Code § 462-120-0090 - Assumed Names
(1) The
commission will not license an assumed name if the Association of Racing
Commissioners International (ARCI) registry shows that someone else has already
registered that name or a name which is so similar that it could mislead the
public, if the name is the real name of any racing animal owner, or the name is
determined by the stewards to be detrimental to the best interests of
racing.
(2) No owner may race under
an assumed name unless the name is licensed by the commission. A person may own
or have an interest in racing animals which race out of different stables so
long as all ownership interests are disclosed in writing to the commission and
the race office. A person may not use his or her real name if the person has a
licensed stable/assumed name and wholly owns the horses in the
stable.
(3) When applying for an
assumed name license, the applicant must disclose the identities of all persons
having an interest in the assumed name.
(4) In order to change the assumed name,
without changing the ownership interest of the name, a person must apply for a
new assumed name license.
(5) If a
partnership with a written agreement is involved in the ownership of an assumed
name the rules covering partnerships must be complied with.
(6) If a corporation is involved in the
ownership of an assumed name, the rules covering corporations must be complied
with.
(7) The assumed name shall be
carried on the official program.
(8) No individual participating as a trainer
or assistant trainer at a horse race meet may have any interest in a stable or
assumed name at the same race meet except that for which he or she is the
trainer or assistant trainer except with permission of the stewards (such as
difference in breeds).
Notes
Stat. Auth.: ORS 462.250
Stats. Implemented: ORS 462.020
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