Ch. 773                                         LAWS OF MARYLAND

2. THE AMOUNT OF THE ALLOCATION FOR
PURSES SHALL BE CREDITED TO THE PURSE ACCOUNT FOR ARABIAN BREED
HORSES;------------------------------------------------------------

3. THE FORMULA FOR THE DISTRIBUTION OF
THE PURSE MONEY, INCLUDING THE AMOUNT ALLOCATED FOR STAKES RACES,
SHALL BE DETERMINED BY THE LICENSEE; AND--------------------------

4. AN AMOUNT EQUAL TO NOT LESS THAN 1
PERCENT NOR MORE THAN 2 PERCENT OF OPEN PURSES FOR RACES OF
ARABIAN BREED HORSES, AS DETERMINED BY THE ORGANIZATION
REPRESENTING THE ARABIAN BREED RECOGNIZED BY THE LICENSEE, SHALL
BE DEDUCTED FROM ALL OPEN PURSES AND PAID TO THE ORGANIZATION.

(Ill) WAGERING ON A RACE OF ARABIAN BREED
HORSES MAY NOT BE COMBINED WITH WAGERING ON ANY OTHER RACE TO
CONSTITUTE A MULTIPLE RACE WAGERING POOL.---------------------------

(IV) EXCEPT AS PROVIDED IN SUBPARAGRAPH (V) OF

THIS PARAGRAPH, ANY UNDERPAYMENT OR OVERPAYMENT OF PURSE MONEY
FOR ARABIAN BREED HORSES IN A RACE MEETING SHALL BE CARRIED
FORWARD TO THE NEXT RACE MEETING OF THE SAME LICENSEE OR, IT
AGREED TO BY SUCH LICENSEES, THE NEXT RACE MEETING OF ANOTHER
LICENSEE.

(V) IF THERE EXISTS AN UNDERPAYMENT OR

OVERPAYMENT OF PURSE MONEY FOR ARABIAN BREED HORSES FROM A
PREVIOUS RACE MEETING OF A LICENSEE AND NO RACES OF ARABIAN BREED
HORSES ARE SCHEDULED FOR THE CURRENT RACE MEETING OF THE
LICENSEE, THE LICENSEE:-----------------------------------------------

1.. MAY NOT CHARGE AN OVERPAYMENT TO THE
THOROUGHBRED PURSE ACCOUNT;

2.   SHALL RESOLVE THE DISPOSITION OF THE
UNDERPAYMENT OR OVERPAYMENT THROUGH AN AGREEMENT WITH THE
REPRESENTATIVE OF THE ORGANIZATION REPRESENTING THE ARABIAN BREED
RECOGNIZED BY THE LICENSEE; AND--------------------------------------

3. IF AN UNDERPAYMENT IS NOT DISTRIBUTED
TO OWNERS OF ARABIAN BREED HORSES OR THE REPRESENTATIVE OF THE
ORGANIZATION REPRESENTING THE ARABIAN BREED RECOGNIZED BY THE
LICENSEE, SHALL CREDIT THE AMOUNT OF THE UNDERPAYMENT TO THE
THOROUGHBRED PURSE ACCOUNT.-------------------------------------------

SECTION 3. AND BE IT FURTHER ENACTED, That the Laws of
Maryland read as follows:

Article 78B - Racing Commission

16A.

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