California § 19605.8 - For thoroughbred meetings, the funds remaining after distribution of the amounts
Full text of California Public Contract Code - PCC § 19605.8 — For thoroughbred meetings, the funds remaining after distribution of the amounts, with citation guidance and answers to common questions.
§ 19605.8. For thoroughbred meetings, the funds remaining after distribution of the amounts
For thoroughbred meetings, the funds remaining after distribution of the amounts set forth in Sections 19605.7, 19605.71, and 19605.72 shall be distributed 50 percent as commissions to the association that conducts the racing meeting and 50 percent as purses to the horsemen participating in the racing meeting. From the amount distributed as purses, a sum equal to 0.07 percent of the handle shall be held by the association to be deposited with the official registering agency pursuant to subdivision (a) of Section 19617.2, and shall thereafter be distributed in accordance with subdivisions (b), (c), and (d) of Section 19617.2.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 19605.8
What does Public Contract Code - PCC § 19605.8 cover?
Section 19605.8 ("For thoroughbred meetings, the funds remaining after distribution of the amounts") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 19605.8?
A common citation format is "Public Contract Code - PCC § 19605.8" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 19605.8 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.