People ex rel. Illinois Racing Board v. Blackhawk Racing Ass'n

The Illinois Racing Board (hereinafter Board) brings this appeal from an order of the circuit court of Cook County dismissing count II of the Board’s first amended complaint for failing to state a cause of action. (Ill. Rev. Stat. 1977, ch. 110, par. 45.) This appeal focuses upon whether an officer-director of a horse racing organization licensee may be held personally liable for the failure of the corporate licensee to turn over the proceeds from the unclaimed parimutuel tickets to the Illinois Veterans’ Rehabilitation Fund (hereinafter Fund) as required by section 26(c) of the Illinois…