Tex. Occ. Code Section 2026.003
Financial Disclosure


(a)

The commission by rule shall require that each racetrack association that holds a license for a class 1 racetrack, class 2 racetrack, or greyhound racetrack annually file with the commission a detailed financial statement that:

(1)

contains the names and addresses of all stockholders, members, and owners of any interest in the racetrack;

(2)

indicates compliance during the filing period with Section 2025.101 (License Eligibility Requirements and Limitations); and

(3)

includes any other information required by the commission.

(b)

Each transaction that involves an acquisition or a transfer of a pecuniary interest in the racetrack association must receive prior approval from the commission. A transaction that changes the ownership of the racetrack association requires submission of updated information of the type required to be disclosed under Section 2025.052 (Application) and payment of a fee to recover the costs of the criminal background check.
Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff. April 1, 2019.

Source: Section 2026.003 — Financial Disclosure, https://statutes.­capitol.­texas.­gov/Docs/OC/htm/OC.­2026.­htm#2026.­003 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 2026.003’s source at texas​.gov