Okla. Stat. tit. 3A, § 3A-265: Transfer of purse money - Agreements - Rescission

A. The Oklahoma Horse Racing Commission shall approve the

transfer of purse money generated for races for Thoroughbred horses,

races for Quarter Horses or races for Paint and Appaloosa horses

pursuant to this section, by one organization licensee to another

organization licensee, upon joint application of the organization

licensee generating the purse money, the organization licensee

receiving the transferred purse money, and in the case of a transfer

of purse money for Thoroughbred racing, the official horsemen’s

representative organization that represents participating horsemen

at a race meeting in a county with a population exceeding six

hundred thousand (600,000) persons by an organization licensee

licensed pursuant to Section 205.2 of Title 3A of the Oklahoma

Statutes that is restricted to Thoroughbred horses, and in the case

of a transfer of purse money for Quarter Horse, Paint and Appaloosa

horse racing, the official horsemen’s representative organization

that represents participating horsemen at a race meeting in a county

with a population exceeding six hundred thousand (600,000) persons

by an organization licensee licensed pursuant to Section 205.2 of

Title 3A of the Oklahoma Statutes that is restricted to Quarter

Horse, Paint and Appaloosa horses. Purse money transferred to one

organization licensee from purse money for a particular breed of

horse generated by another organization licensee shall only be used

to supplement purses for that breed of horse. Notwithstanding the

foregoing, any agreement for the transfer of purse money may be

rescinded by order of the Commission if the Commission is petitioned

by not less than two-thirds (2/3) of the licensed owners,

owner/trainers and trainers of starters of a particular breed of

horses during the most recently concluded meet for that breed of

horses at the tracks affected by the transfer.

B. The provisions of this section shall not be applicable to

any purse money generated pursuant to the provisions of subsection K

of Section 4 of this act.