(a) Any franchise holder failing or refusing to pay the amount found to be due the Arkansas Racing Commission from any tax provided for or imposed by this chapter shall be guilty of a violation and upon conviction shall be punished by a fine of not more than five thousand dollars ($5,000), in addition to the amount due from the franchise holder as provided in this chapter.
(b) All fines paid into any court of this state by a franchise holder found guilty of violating this section shall be paid over by the clerk of the court to the commission within ten (10) days after it has been paid to the clerk by the franchise holder.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 4 - Miscellaneous Regulated Industries
Chapter 110 - Arkansas Horse Racing Law
Subchapter 4 - Conduct of Meets
§ 23-110-401. Accordance with license required
§ 23-110-402. Number of racing days — Sunday racing — Approval of programs
§ 23-110-403. Application for license to conduct meet — Issuance
§ 23-110-405. Wagering — Penalty for improper wagering
§ 23-110-406. Disposition of wagering money — Payment to winning bettors required — Exceptions
§ 23-110-407. Disposition of wagering money — Portion for franchise holder
§ 23-110-409. Disposition of wagering money — Arkansas Racing Commission Purse and Awards Fund
§ 23-110-410. Disposition of wagering money — Breaks
§ 23-110-412. Record keeping by franchise holder — Audit
§ 23-110-413. Access to meets, books, records, etc