Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 325. Oklahoma Horse Racing Commission |
Chapter 15. Licensing |
Subchapter 5. Occupation Licensing |
SECTION 325:15-5-23. Horse ownership by lease
Latest version.
- Horses may be raced under lease provided a completed Oklahoma Horse Racing Commission lease form, or other lease form acceptable to the Commission, is attached to the Registration Certificate and on file with the Commission. The Lessor(s) and Lessee must be licensed as horse Owners. No Lessor shall execute a lease for the purpose of avoiding insurance requirements.