I own race animals in partnership with others. What are the licensing requirements?
The partnership must register as a multiple owner. When completing the multiple owner/stable/farm registration form, you must list all partners, including those who own less than 5% of the partnership. In addition, each partner who owns 5% or more of the partnership must be individually licensed as an owner. The partners who own less than 5% are not required to be individually licensed.
The partnership must register as a multiple owner which is a business license. When completing the online process for a multiple owner, you must list all partners, including those who own less than 5% of the partnership. In addition, each partner who owns 5% or more of the partnership must be individually licensed as an owner. The partners who own less than 5% are not required to be individually licensed. You may call any Racing Commission licensing office and get this information if you are trying to renew online. As the expiration date of the multiple owner license approaches, the licensing department will also be sending out letters to multiple owners who are eligible to renew with current partner information. This information is required when completing an online application.
