Sec.12-574-B39. Racing, farm, corporate or stable names

(a) Registration. A racing, farm corporate or stable name may be used by the owners or lessees of horses if currently registered with the United States trotting association and registered with the commission upon payment of any applicable fee. The names of all persons connected in the stable or operating thereunder shall be listed in such registry.

(b) Limitations. Not more than one stable may be registered under the same name. The commission may prohibit the use of any name which is misleading to the public or unbecoming to the sport.

(c) Liabilities. All persons listed in a registered stable shall be liable for entry fees and all penalties against horses raced under such stable name. If one of the persons listed under such stable name is suspended, all the horses in such stable shall be included in such suspension.

(d) Leases. The lessee of a horse shall file with the United States trotting association a copy of the leasing arrangement which shall contain the name of the horse, the name and address of the owner, the name and address of the lessee, the stable name, if any, of either party, and the terms of the lease. Any horse on lease must race in the name of the lessee.