Owners Licence?

[Slew83]

What is the minimum % for a owners racing licence in California?

[BJ]

What is the minimum % for a owners racing licence in California?

This was on the California Horse Racing Board site:

>>>Rule No. Rule Title
1481 Occupational Licenses and Fees.

Rule Text No person required to be licensed shall participate or attempt to participate in a race meeting without holding a valid license authorizing that participation. (a) A person acting in any capacity within the restricted area of an inclosure, simulcast facility or auxiliary stabling area shall procure the appropriate license(s) and pay the fee required. (b) A person acting in any of the following capacities shall procure the appropriate license(s) and pay the fee required: (1) Horse Owner by Open Claim . . . $250 (2) Officer, Director, Partner or any individual or person who holds 5% or more of the outstanding shares of a racing association