§11–822.

    (a)    The Commission shall set the term of each permit.

    (b)    If the Commission approves, a permit may be transferred to another person if:

        (1)    the satellite simulcasting facility remains at the same location; and

        (2)    the person complies with all regulations of the Commission established under § 11-316 of this title for the purchase or transfer of an entity licensed to conduct racing.