(a) With the prior approval of the executive secretary, pari-mutuel pools offered by an association that is participating in a simulcast may be combined with corresponding wagering pools offered by the other racetracks participating in the simulcast to form a common pool.     
      (b) An association participating in a common pool must include in the simulcast contract:      
        (1) the take out rates;       
        (2) public payout rates;       
        (3) contact names and phone numbers; and       
        (4) settlement arrangements for liabilities incurred.       
      (c) The content and format of the visual display of racing and wagering information at facilities in other racing jurisdictions in the interstate common pools need not be identical to the information required to be displayed under the Rules.     
     Source Note:        The provisions of this §321.451 adopted to be effective April 1, 2001, 26 TexReg 2161