The majority of the membership of the board of directors of any corporation licensed to hold or conduct any meeting within the state where horse racing shall be permitted for any stake, purse, or reward, shall be residents of the state.
Majority of directors of licensee to be residents
R.I. Gen. Laws § 41-3-20., under Chapter 41-3 Horse Racing.
R.I. Gen. Laws § 41-3-20.