Racehorse Syndicate Agreement Formula In Contra Costa

Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00039DR
Format:
Word; 
Rich Text
Instant download

Description

Stallion syndications are contractual agreements where multiple parties combine their financial resources to purchase a stallion for breeding purposes. Each contributor or "owner" owns a "fractional interest" in the stallion, typically entitling them to one breeding right per breeding season. The farm or individual syndicating the stallion will generally retain multiple fractional interests. The arrangement provides for lowered costs and a more diverse breeding for the stallion.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Horse Racing Syndicates: How to Share Costs and Own a Racehorse Keep the partnership simple and get everything in writing. Find a horse you like and a great veterinarian you trust. Decide how many shares will be offered in a horse. Choose your trainer wisely. Map out a plan and consult with your partners and trainer.

Clubs tend to be open where anyone can join - you effectively share the costs and fish from there. There can be limits on numbers, but mostly not. Syndicates tend to be limited numbers of places to fish 'special' venues usually containing some very big fish.

The Merriam Webster Dictionary defines syndicate as a group of people or businesses that work together as a team. This may be a council or body or association of people or an association of concerns, officially authorized to undertake a duty or negotiate business with an office or jurisdiction.

More info

The syndicate manager should provide all potential investors with a detailed business plan and proposed syndicate agreement asking them to come up with cash. Essentially, they have an agreement to be coowners with fractional interests in a horse, such as a racehorse, breeding stallion, or show horse.How to fill out the Sample Syndicate Agreement Form Template? 1. Enter the syndicate name and manager information. 2. The University City. It is my pleasure again to present our 2017-2018 report from the Musculoskeletal Research Program which consists of the Orthopaedic Research. Events is an invaluable student text and professional reference. First of all, not all horses that are in the running for "greatest racehorse ever" are Triple Crown winners. The September 1981 issue of the West's premier sailing and marine magazine. Make sure to pick up your paper early if you are planning to go out of town.

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Racehorse Syndicate Agreement Formula In Contra Costa