# Business Regulation (GBR)

## Title 11. Horse Racing

### Subtitle 8. Pari-Mutuel Betting

#### Section 11-823

A permit holder shall keep records of ownership and submit annual reports of ownership as required under Sec. 11-314 of this title.

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Md. Code Ann., Bus. Reg. (as displayed at mgaleg.maryland.gov, October 16, 2026)