Section 19597

Bus. & Prof. Code § 19597 — under California Bus. & Prof. Code.

Bus. & Prof. Code § 19597

Notwithstanding any other provision of this chapter, a person licensed under this chapter to conduct a horse racing meeting shall, as to any payment made to a person who has wagered by contributing to a parimutuel pool operated by such licensee, also deduct the applicable breakage, as defined by Section 19405.