New Jersey § 5:5-162
Full text of New Jersey New Jersey Statutes § 5:5-162, with citation guidance and answers to common questions.
§ 5:5-162.
The purpose of this compact is to: a. Establish uniform requirements among the party states for the licensing of participants
in live racing with parimutuel wagering, and ensure that all such participants who
are licensed pursuant to this compact meet and maintain a uniform standard of honesty
and integrity. b. Facilitate the growth of the parimutuel racing industry in each party state and
nationwide by simplifying the process for licensing participants in live racing, and
reduce the duplicative and costly process of separate licensing by the regulatory
agency in each state that conducts live racing with parimutuel wagering. c. Authorize the New Jersey Racing Commission to participate in this compact. d. Provide for participation in this compact by officials of the party states, and
permit those officials, through the compact committee established by this compact,
to enter into contracts with governmental agencies and non-governmental persons to
carry out the purpose of this compact. e. Establish the compact committee created by this compact as an interstate governmental
entity duly authorized to request and receive criminal history record information
from the Federal Bureau of Investigation and from state, local and foreign law enforcement
agencies.
Frequently Asked Questions About New Jersey § 5:5-162
What does New Jersey Statutes § 5:5-162 cover?
Section 5:5-162 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 5:5-162?
A common citation format is "New Jersey Statutes § 5:5-162" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 5:5-162 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.