MARVIN MANDEL, Governor 2107
Fund. ON AND AFTER JUNE 1, 1974, EACH THOROUGHBRED TRACK
LICENSED UNDER [[SECTION 7]] SECTIONS 7 AND 15 OF THIS
ARTICLE SHALL ALLOCATE 10% OF THE ONE-HALF OF THE
BREAKAGE ALLOCATED FOR PURSE MONEY TO THE MARYLAND-BRED
RACE FUND. Any moneys 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 moneys 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 liability 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 or all of the fund.
18B.
Conduct of racing by [Harford County Fair
Association, Inc., Baltimore Trotting Races, Inc.,
Cumberland Fair Association, Inc., and] THE Southern
Maryland Agricultural Fair Association of Prince George's
County AND THE AGRICULTURAL AND MECHANICAL ASSOCIATION OF
WASHINGTON COUNTY.
[(a) Notwithstanding any other provisions of this
article, Harford 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 § 7 of this article,
in lieu, respectively, of a license and dates for racing
in connection 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 § 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 § 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
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