Section 20.10. Financial statements.

Latest version.

(1) At the end of each race meeting each food service concessionaire shall prepare and submit to the division a record of its operations at the track. The report shall include verified financial statements including:

(a) Balance sheet; and

(b) A statement of profit and loss showing the food service concessionaire's combined operations for that year; and

(c) The results of such operations for each specified racing meet at which the food service concessionaire conducted business during the year.

(2) Income and expense items shall be shown in such detail as required in accordance with generally accepted accounting principles. Such report shall be filed with the division within 120 days after the end of each individual meet unless a written extension is received from the division.

History: Cr. Register, March, 1990, No. 411 , eff. 4-1-90; CR 03-070 : am. (2) Register November 2003 No. 575 , eff. 12-1-03 .

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');