Business and Professions Code - BPC
DIVISION 8. SPECIAL BUSINESS REGULATIONS [18400 - 22949.80]
( Division 8 added by Stats. 1941, Ch. 44. ) CHAPTER 4. Horse Racing [19400 - 19668]
( Chapter 4 repealed and added by Stats. 1959, Ch. 1828. ) ARTICLE 1. General Provisions and Definitions [19400 - 19419.9]
( Article 1 added by Stats. 1959, Ch. 1828. ) 19405.
“Breakage” means the odd cents by which the amount payable on each dollar wagered exceeds a multiple of ten cents ($0.10).
(Amended by Stats. 2000, Ch. 1082, Sec. 2. Effective January 1, 2001.)