New Jersey § 5:5-169
Full text of New Jersey New Jersey Statutes § 5:5-169, with citation guidance and answers to common questions.
§ 5:5-169.
The Legislature finds and declares that: a. The horse racing industry is economically important to this State, and the general
welfare of the people of the State will be promoted by the advancement of horse racing
and related projects and facilities in the State. b. It is the intent of the Legislature, by authorizing exchange wagering in this State,
to promote the economic future of the horse racing industry in this State, to foster
the potential for increased commerce, employment and recreational opportunities in
this State and to preserve the State's open spaces. c. It is the further intent of the Legislature that exchange wagers may be taken in
person, by direct telephone call, or by communication through other electronic media
from residents of this State on horse races conducted within and outside of this State
and may be matched and pooled on an exchange. d. The Legislature has determined that the New Jersey Racing Commission is best suited
to oversee, license and regulate exchange wagering in the State.
Frequently Asked Questions About New Jersey § 5:5-169
What does New Jersey Statutes § 5:5-169 cover?
Section 5:5-169 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 § 5:5-169?
A common citation format is "New Jersey Statutes § 5:5-169" (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 § 5:5-169 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.