Section 5718

Rev. & Tax. Code § 5718, under General Provisions and Definitions.

Rev. & Tax. Code § 5718

“Nonactive racehorse” means any racehorse which has not participated in any horseracing contest on which parimutuel wagering was permitted during the previous calendar year, except a racehorse three years of age or younger.

(Amended by Stats. 1972, Ch. 665.)