15 U.S.C. § 3005 — Liability and damages
submitted 48 years ago by Pub. L. 95-515 to r/title-15-COMMERCE-AND-TRADE · 159 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Any person accepting any interstate off-track wager in violation of this chapter shall be civilly liable for damages to the host State, the host racing association and the horsemen’s group. Damages for each violation shall be based on the total of off-track wagers as follows:
If the interstate off-track wager was of a type accepted at the host racing association, damages shall be in an amount equal to that portion of the takeout which would have been distributed to the host State, host racing association and the horsemen’s group, as if each such interstate off-track wager had been placed at the host racing association.
If such interstate off-track wager was of a type not accepted at the host racing association, the amount of damages shall be determined at the rate of takeout prevailing at the off-track betting system for that type of wager and shall be distributed according to the same formulas as in paragraph (1) above.
Source credit: (Pub. L. 95–515, § 6, Oct. 25, 1978, 92 Stat. 1814.)
- 1978Enacted · Pub. L. 95-515 · 92 Stat. 1814
A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-515 on 1978-10-25.
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