Sec. 2026.153. MANAGEMENT CONTRACT: REQUIREMENTS AND LIMITATIONS. (a) A person awarded a management contract to operate a racetrack must meet all of the requirements for a license under Sections 2025.101 and 2025.201.
(b) The commission may not approve a management contract to operate or manage a racetrack owned by a governmental entity unless the racetrack license holder is an owner of the entity that proposes to manage the racetrack.
Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff. April 1, 2019.
Structure Texas Statutes
Title 13 - Sports, Amusements, and Entertainment
Subtitle A-1 - Texas Racing Act
Chapter 2026 - Racetrack Operation and Premises
Subchapter D. Concession, Management, or Totalisator Contracts; Security Plans
Section 2026.151. Commission Approval Required
Section 2026.152. Commission Review of Security Plans and Certain Contracts
Section 2026.153. Management Contract: Requirements and Limitations