§3A-205.3.

§3A-205.3.
   
   No organization license shall be granted:
   
   1. to any applicant if the applicant or a person owning an interest in
   the applicant:
   
   a. has been convicted of a felony, or
   
   b. has been convicted of violating any law regarding gambling or
   controlled dangerous substances of the United States, this state, or
   any other state, or
   
   c. has a federal or state criminal charge pending, or
   
   d. is or has been connected with or engaged in the operation of any
   illegal business; or
   
   2. to any person who, at the time of application for the organization
   license, does not own a finished racetrack or have architectural plans
   and specifications approved by the Commission for a racetrack which is
   suitable for the type of racing intended to be held by the applicant
   and for the accommodation and safety of the public and the horses.