1866                             Laws of Maryland                       Ch. 664

18A.

(b) On and after June 1, 1962, each thoroughbred track licensee
under this article shall allocate a sum equal to [.34%] .40% .50% of
the mutuel pool on all races conducted by it during the year to the
Maryland-Bred Race Fund. Any monies allocated under this article
and not disbursed during any current meeting in Maryland-Bred
Fund races, within five (5) days after the close of each meeting
shall be paid to the Maryland Racing Commission. The Commission
shall hold all monies so allocated and received in a fund to be known
as the "Maryland-Bred Racing Fund," which fund shall be deposited
by the Commission in one or more banks or trust companies in the
State. The members of the Commission shall have no personal liabil-
ity for loss to the fund by reason of the failure or insolvency or other
fault of any depository if they shall use ordinary care in the selection
of the depository. The Commission shall require any depository to
secure by collateral any deposit therein comprising a part [of] or
all of the fund.

18B.

(a) Notwithstanding any other provisions of this article, Har-
ford County Fair Association, Inc., and Baltimore Trotting Races,
Inc., may, with the approval of the Racing Commission, be awarded
licenses and dates for thoroughbred racing at the track or tracks of

any one or more of the licensees licensed under Section 7 of this
article, in lieu, respectively, of a license and dates for racing in con-

nection with or for the benefit of a county fair or agricultural exhibit

and a license and dates for trotting and pacing racing, provided

that each of the associations owning the track or tracks on which

said racing is to be conducted expressly consents thereto; and the
Racing Commission is specifically authorized to approve agreements
between licensees providing for the running of the dates of Harford
County Fair Association, Inc., and of Baltimore Trotting Races, Inc.,
by and at the track or tracks of one or more licensees under Section 7

for a period or periods aggregating not more than nine (9) years.

If Harford County Fair Association, Inc., or Baltimore Trotting

Races, Inc., shall be awarded a license and dates for racing at the

track or tracks of one or more licensees under Section 7 during nine

(9) calendar years, it shall be deemed to have forfeited its right to

conduct racing after said ninth year, and it shall not thereafter be

awarded dates or a license for racing of any kind and, so long as the
aggregate total number of days specified in Section 7 is not exceeded,
the number of racing days theretofore annually awarded to it may
thereafter be awarded by the Racing Commission to the licensees
under Section 7 [in addition to the aggregate number of days then
awardable to such licensees pursuant to Section 7(b)].

26A.

Except as provided in Section 18B, no person, corporation or asso-
ciation licensed to conduct racing under Section 15 of this article
shall convey, assign, or transfer or attempt to convey, assign, or
transfer, by merger, sale, lease, or otherwise, its racing dates to
another person, corporation or association unless express authoriza-
tion has first been enacted by the Maryland General Assembly. If
any licensee licensed under Section 15 of this article shall suspend
operations for racing purposes at any track for a period of two (2)