New York Laws
Article 2 - Thoroughbred Racing and Breeding
201 - Incorporation.

(b) Approval. No certificate of incorporation under this section
wherein the right to conduct running or steeplechase race meetings is
claimed, shall hereafter be filed without the approval of the
commission, indorsed thereon or annexed thereto, stating that, in its
opinion, the purposes of this article and the public interest will be
promoted by such incorporation, and that such incorporation will be
conducive to the interests of legitimate racing; nor shall any
certificate amending the said certificate of incorporation in any
particular or any certificate of merger affecting said corporation be
filed without the approval of the commission, indorsed thereon or
annexed thereto stating that, in its opinion, the purposes of this
article and the public interest will be promoted by such amendment or by
such merger and that such amendment or such merger will be conducive to
the interests of legitimate racing.

Structure New York Laws