§ 3005. Liability and damages

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1978

   Interstate Horseracing Act of 1978

   Pub. L. 95–515 § 6 · 92 Stat. 1811

   Enacted · 15 U.S.C. § 3005

   (Pub. L. 95–515, § 6, Oct. 25, 1978, 92 Stat. 1814.)

   Source evidence

   Code source credit
   (Pub. L. 95–515, § 6, Oct. 25, 1978, 92 Stat. 1814.)

   Enacted provision · exact public law section
   Sec. 6. liability and damages Any person accepting any interstate off-track wager in violation of this Act shall be civilly liable for damages to the host State, the host racing association and the horsemen’s group. Damages for each violation shall be based on the total of off-track wagers as follows: (1) If the interstate off-track wager was of a type accepted at the host racing association, damages shall be in an amount equal to that portion of the takeout which would have been distributed to the host State, host racing association and the horsemen’s group, as if each such interstate off-track wager had been placed at the host racing association. (2) If such interstate off-track wager was of a type not accepted at the host racing association, the amount of damages shall be determined at the rate of takeout prevailing at the off-track betting system for that type of wager and shall be distributed according to the same formulas as in paragraph (1) above.

1 of 1 references resolved to an enrolled provision