|Texas Racing Commission Issues Revised
Returned Check Policy
Beginning on August 1, 2009, an individual
that submits a check that is returned for Non Sufficient Funds (NSF) will
be referred to the Board of Stewards/Judges for a violation of the Texas
Racing Act and the Rule of Racing. Checks returned for other reasons,
such as “No Account” or “Account Closed’ will
also be referred to the Board of Stewards/Judges.
The Board of Stewards/Judges may issue a Notice of Alleged Violation
to the licensee and conduct a hearing on the matter. The penalty for submitting
a check that is returned to the Texas Racing Commission because of insufficient
funds or closed account may result in a $50 fine per check and possible
suspension of the occupational license.
This policy will allow the Commission to recover a portion of the administrative
costs associated with processing returned checks.