59.1-368 - Financial interests of Commission members, employees and family members prohibited. - Virginia Statutes

§ 59.1-368. Financial interests of Commission members, employees and familymembers prohibited.

No member or employee of the Commission, and no spouse or immediate familymember of any such member or employee shall have any financial interest,direct or indirect, in any horse racetrack, satellite facility or operationincident thereto subject to the provisions of this chapter, or in any entitywhich has submitted an application for a license under Article 2 (§ 59.1-375et seq.) of this chapter, or in the operation of any such track or satellitefacility within the Commonwealth, or in the operation of any wageringauthorized under this chapter, or participate as owner of a horse orotherwise as a contestant in any race subject to the jurisdiction of theCommission, or have any pecuniary interest in the purse or prize contestedfor in any such race. No member of the Commission and no spouse or immediatefamily member of a Commission member shall make any contribution to acandidate for office or office holders on the local or state level, or causea contribution to be made on their behalf.

(1988, c. 855; 1992, c. 820.)