# COMAR Title 09 — Maryland Department of Labor

## Subtitle 10 — Racing Commission

### Chapter 06 — New Racetrack License

#### Regulation .40 Out-of-State Distributions.

*COMAR 09.10.06.40*

The application documents shall state the amount of money that will be paid by the association, during each of the first 5 years of operation, to entities located outside Maryland as:

A. Payments of profit or other distributions to investors residing outside Maryland;

B. Interest on debt with lenders located outside Maryland;

C. Payment for supplies purchased from, or services rendered by, entities based outside Maryland other than the management company;

D. Payments to the management company as reimbursement for expenses or as payment for services;

E. Rent for facilities or equipment owned by entities based outside Maryland; and

F. Any other payments to out-of-State entities.