KRS § 138.550 Suspension or revocation of race track license.

The corporation may suspend, revoke, or refuse to renew certain licenses if the operator or licensee fails to meet specified tax, reporting, recordkeeping, or compliance requirements.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction: United States — Kentucky
Instrument: Act or statute
Version: Undated source snapshot
Language: en
Official source: View official record ↗

pari-mutuel betting race track licensing recordkeeping tax compliance wagering licenses

Publicly available, excluded from search-engine indexing

This page remains available for direct access and API use, but this release emits noindex,follow for the following reason:

The record does not meet this release's canonical indexing criteria. (market-indexing-disabled)

Statute overview

About this statute

This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.

Read the provisions Ask with citations

Search within this statute

Search all stored provisions in this version.

Legal text

Provisions of KRS § 138.550 Suspension or revocation of race track license.

Showing 1 of 1

138.550
KRS § 138.550 Suspension or revocation of race track license.
Verify source ↗

AI-assisted research summary: The corporation may suspend, revoke, or refuse to renew certain licenses if the operator or licensee fails to meet specified tax, reporting, recordkeeping, or compliance requirements.

138.550 Suspension or revocation of race track license. In addition to all other penalties provided in KRS 138.510 to 138.540: (1) When the pari-mutuel system of betting is operated at a track licensed under KRS Chapter 230, the license may be suspended, revoked, or renewal refused by the corporation upon the failure of the operator to comply with KRS 138.510 to 138.540 or the rules and regulations promulgated by the department pursuant thereto, even though the pari-mutuel system of betting and the track are operated by different persons, corporations, or associations; and (2) Any advance deposit account wagering licensee that fails to remit the tax imposed by KRS 138.513, to remit returns required by KRS 138.530, or to maintain the records required by KRS 138.530 or administrative regulations promulgated by the department, may have the license granted under KRS 230.260 suspended, revoked, or not renewed by the corporation. Effective: July 1, 2024 History: Amended 2024 Ky. Acts ch. 171, sec. 47, effective July 1, 2024. -- Amended 2014 Ky. Acts ch. 102, sec. 10, effective July 15, 2014. -- Amended 2010 Ky. Acts ch. 24, sec. 109, effective July 15, 2010. -- Amended 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 109, effective June 26, 2009. -- Amended 2005 Ky. Acts ch. 85, sec. 392, effective June 20, 2005. -- Amended 2004 Ky. Acts ch. 191, sec. 50, effective July 13, 2004. -- Created 1948 Ky. Acts ch. 35, sec. 5.

Provision text is displayed from LexChat’s stored statute record. Use the official source links to verify amendments, commencement, and current legal force.

About this LexChat collection

Publisher and coverage

LexChat is published by Esheria. Coverage reflects the legislation currently mapped from identified source collections; it may be incomplete, delayed, or later corrected. The official source controls where it differs from this research page.

AI and research method

AI-generated material is explicitly labelled and published only through LexChat's quality controls. It is a research aid, not the source document.

Corrections and reporting

Report a source mismatch, factual issue, personal-data concern, or licensing question to support@esheria.co.ke. Include this page's URL and the supporting official source so the record can be reviewed, corrected, restricted, or withdrawn.

Legal-information disclaimer

LexChat provides legal information and research tools, not legal advice. Verify currency, status, citations, and jurisdiction with authoritative sources and a qualified professional where appropriate.

KRS § 138.550 Suspension or revocation of race track license.

Publicly available, excluded from search-engine indexing

About this statute

Search within this statute

Provisions of KRS § 138.550 Suspension or revocation of race track license.

Ask AI about this statute

Sign in to ask AI about this statute