New Jersey § 5:5-46
Full text of New Jersey New Jersey Statutes § 5:5-46, with citation guidance and answers to common questions.
§ 5:5-46.
At the time of allotting any racing dates to any applicant, the commission shall notify
such applicant of the dates allotted which notice shall be in writing and sent by
registered mail addressed to such applicant at the address stated in his application,
and shall be mailed on the date such allotment is so made. Each applicant so notified shall within 10 days after the mailing of such notice
of allotment or within such period of time as the commission shall otherwise direct,
comply with the following conditions: (1) File with the commission an acceptance of such allotment in the form prescribed
by the commission; (2) Execute and deliver to it in case of running and harness races a bond, payable
to the State of New Jersey, in such amount as the commission shall direct which shall
be sufficient to secure payment to the commission of the amounts of contributions
to parimutuel pools and breaks required to be paid to the commission every seventh
day of every race meeting, with sufficient surety or sureties to be approved by the
commission and conditioned for the payment of all sums due and payable as in this
act provided and for the observance in all respects of the provisions of this act. In lieu of any such bond there may be delivered to the commission for deposit negotiable
securities in such amount as the commission shall direct as security for said payments.
Frequently Asked Questions About New Jersey § 5:5-46
What does New Jersey Statutes § 5:5-46 cover?
Section 5:5-46 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 § 5:5-46?
A common citation format is "New Jersey Statutes § 5:5-46" (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 § 5:5-46 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.