Texas § OC.2027.056 - SIMULCAST CONTRACT TERMS AND ARBITRATION
Full text of Texas The Texas Constitution § OC.2027.056 — SIMULCAST CONTRACT TERMS AND ARBITRATION, with citation guidance and answers to common questions.
§ OC.2027.056. SIMULCAST CONTRACT TERMS AND ARBITRATION
SIMULCAST CONTRACT TERMS AND ARBITRATION. (a) Notwithstanding any other provisions of law, a greyhound racetrack association and the state greyhound breed registry shall by contract agree that each simulcast contract to which the greyhound racetrack association is a party, including a simulcast contract with a horse racetrack association or with another greyhound racetrack association, include terms that provide adequately for: (1) the development of greyhound racing, breeding, and purses; and (2) any actual or potential loss of live racing handle based on the racetrack association's historical live racing schedule and handle in this state. (b) If a greyhound racetrack association and the state greyhound breed registry fail to reach an agreement under Subsection (a), the racetrack association or the breed registry may submit the contract negotiations for binding arbitration under Chapter 171 , Civil Practice and Remedies Code, and commission rules. (c) The arbitration must be conducted by a board of three arbitrators as follows: (1) one arbitrator appointed by the greyhound racetrack association; (2) one arbitrator appointed by the state greyhound breed registry; and (3) one arbitrator appointed by the arbitrators appointed under Subdivisions (1) and (2). (d) A greyhound racetrack association and the state greyhound breed registry shall each pay its own arbitration expenses. The greyhound racetrack association and the state greyhound breed registry shall equally pay the arbitrator fees and costs. Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969 ), Sec. 1.01, eff. April 1, 2019. SUBCHAPTER C. WAGERING PROHIBITIONS
Frequently Asked Questions About Texas § OC.2027.056
What does The Texas Constitution § OC.2027.056 cover?
Section OC.2027.056 ("SIMULCAST CONTRACT TERMS AND ARBITRATION") is part of the The Texas Constitution, the codified statutory law of Texas. 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 Texas § OC.2027.056?
A common citation format is "The Texas Constitution § OC.2027.056" (Texas). 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 Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § OC.2027.056 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas 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 Texas.