5:5-96 - Private purchase of Garden State Racetrack; application for racing permits - New Jersey Statutes

5:5-96.  Private purchase of Garden State Racetrack;  application for racing  permits    Notwithstanding the provisions of P.L.1940, c. 17 (C. 5:5-22 et seq.) to the  contrary, if a private buyer purchases the Garden State Racetrack during the  period of one year following the effective date of this act and applies to the  New Jersey Racing Commission for a racing permit or permits, the commission  shall review and act on the application within 30 days after its filing and is  authorized in its sole discretion to determine whether a permit shall be  granted to the applicant.  If, after the review, the commission acts favorably  on the application, a permit shall be granted to the applicant without any  further approval.  No hearing, referendum, or other election or proceeding  shall be required for the private buyer to hold or conduct the horse race  meetings with parimutuel wagering herein authorized.

     L.1982, c. 201, s. 3, eff. Dec. 16, 1982.