N.Y. Racing, Pari-Mutuel Wagering and Breeding Law Section 331
Powers

The fund shall have power:

1.

To sue and be sued.

2.

To have a seal and alter the same at pleasure.

3.

To acquire, hold and dispose of personal property for its corporate purposes.

4.

To make by-laws for the management and regulation of its affairs.

5.

To invest or to authorize the comptroller to invest on behalf of the fund any moneys of the fund pursuant to the provisions of State Finance Law § 98-A (Investment of general funds, bond proceeds, and other funds not immediately required)section ninety-eight-a of the state finance law, and all interest earned shall be credited to each account authorized by § 332 (Resources of fund)section three hundred thirty-two of this chapter pursuant to resolution.

Source: Section 331 — Powers, https://www.­nysenate.­gov/legislation/laws/PML/331 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

301
General powers of commission 302
Incorporation 303
Filing of information concerning stock transfers 303‑A
Non-managing ownership of standardbred horses 304
Right to hold harness race meetings and races 305
Pari-mutuel betting at harness races 307
Licenses for harness race meetings 307‑A
New York-bred or wholly owned harness races 308
Officials at harness horse race meetings 309
Licenses for participants and employees at harness race meetings 310
Power of the commission to impose fines and penalties 311
Refunds 312
Special police officers 313
Place and manner of conducting pari-mutuel betting 314
Construction with other laws 315
Bond required of corporation or association conducting pari-mutuel betting 316
Books and records of pari-mutuel betting 317
Filing of certain agreements with the commission 318
Disposition of on-track pari-mutuel pools 319
Capital improvements 320
Revocation of license 321
Hearing of refusal or revocation of license 322
Approval of plans of corporation or association 324
Free or reduced fee passes, cards or badges 325
County, town and agricultural fairs and harness race meetings not licensed to conduct pari-mutuel betting 326
Employees at harness race meetings 327
Membership in a labor union or a labor organization 328
Disposition of unpaid money due on account of pari-mutuel tickets not presented 329
Penalties 330
Agriculture and New York state horse breeding development fund 331
Powers 332
Resources of fund 333
New York state exposition harness racing 334
New York-bred harness horse events 335
County and town agricultural society harness racing events 336
Actions against fund
Green check means up to date. Up to date

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 331’s source at nysenate​.gov

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