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 Mar. 23, 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

Accessed:
Mar. 23, 2024

Last modified:
Sep. 22, 2014

§ 331’s source at nysenate​.gov

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