Section 185.13. Filing of information concerning stock transfers

Where in every case provided for under section 4 of the State Harness Racing Law (15 P. S. § 2604) duplicate affidavits are filed with an association relating to the issue or transfer of stock, the association shall within 10 days after receipt of such affidavits file one of each of the duplicate affidavits received by it with the Commission. If the Commission determines that it is inconsistent with the public interest, convenience, or necessity, or with the best interest of racing generally, that any person, association or corporation continue to be a stockholder of record or the beneficial owner of any interest in stock standing in the name of another, the Commission shall order each such stockholder or beneficial owner to dispose of his stock or interest therein within a period of time specified by the Commission.