PRCA Business Journal - June 11, 2021

be mailed to Member Records by the Rodeo Secretary. Copies of the New Timer Evaluation form will be made for the New Timer applicant to attach to the application. New timer must also attach a copy of the certificate of completion of the PRCA Timers Seminar to their application. After completion of the internship, the Director of Rodeo Administration will examine the New Timer’s required documentation to accept or deny the Timer membership application. If approved for PRCA membership, New Timer must take PRCA Timers Clinic Seminar prior to purchase of PRCA membership. After completion of PRCA timers clinic, documentation will need to be sent to PRCAMember Records to process new timer membership.

(D. Davis & S. Backstrom 3/18) Amended & Approved 04/2021

Change B2.5.3.1 Maintaining Timer Qualifications. All Timers will be required to participate in a PRCA sponsored Timers Clinic every other year. If member was born in an odd number year, member must submit a certificate of completion with their renewal application in odd numbered years. If member was born in an even number year, member must submit a certificate of completion with their renewal application in even numbered years.

(D. Davis & S. Backstrom 3/18) Amended & Approved 04/2021

P R C A B U S I N E S S

Change B2.5.13.6.1 Transfer of Stock Contracting Firm. Only a Full Stock Contractor’s PRCA membership card may be transferred to a new firm (individual, partnership, corporation, or other legal entity), and only in connection with the sale of all or substantially all of the transferring firm’s livestock, equipment, rodeo contracts and other business assets to the transferee firm, with the transferee firm continuing the stock contracting business as a going concern. Such sale must include a minimum of 25 bareback horses, 25 saddle bronc horses and 25 bulls. In the case of qualifying sale transaction, the transferee Stock Contractor will be required to satisfy the requirements for Probationary Stock Contractors and the prospective new owner must be inspected by the PRCA and pay a non-refundable inspection fee of $2,500 to the PRCA prior to inspection to cover the PRCA’s anticipated costs in connection with that inspection, in order to have the transferred card reissued to the transferee’s designated operating officer. In addition, as a condition to the transfer and re-issue of the Stock Contractor card in question, the PRCA shall require (i) that all debts owed by the transferor to the PRCA are paid in full, and (ii) proof of bill of sale for all riding event livestock involved in the sale transaction and may require review of all terms and provisions of the contract documents concerning the transferor’s sale of all or substantially all of its business assets as a going concern to the transferee as well as all other contractual relationships created or affected in connection with the transfer of the subject Stock Contractor card. A transferee pursuant to this Section B2.5.13.6.1 shall be subject to inspection during the first year of ownership, and thereafter as a Full Stock Contractor. (PRCA Staff 4/20) Change B8.3.2 Qualification to Provide Riding Event Livestock. To qualify to provide riding event livestock to the NFR, a Stock Contractor must serve as the Primary Stock Contractor at three PRCA approved rodeos with a minimum accumulated total of $50,000 in added prize money, or five PRCA approved rodeos with a minimum accumulated total of $25,000 in added prize money during the corresponding Rodeo Year. If a PRCA approved an approved barrel race is held at that PRCA approved rodeo, barrel racing prize money will be included in the accumulated total. (PRCA Staff 3/20) Change B9.4.3 Circuit Points and Standings. Circuit Points for all PRCA approved rodeos held within a Circuit shall be awarded , excluding any rodeo adding greater than $10,000 per event. Standings shall be tabulated for each Circuit based on Circuit Points awarded within a particular Circuit to Contestant Card Members or Permit Members who have chosen that particular Circuit as their Designated Circuit. Separate PRCA Circuit points for heading and heeling in the Team Roping event will be kept, with a year-end Circuit champion in each. (M. Reeves 5/19) Change B10.1.15 Events. A rodeo must include at least five of the following events: bareback riding, saddle bronc riding, bull riding, tie-down roping, steer wrestling and or team roping to be approved. If a rodeo committee chooses to include only five of the six events above, committee added money from the sixth event must be evenly distributed among the remaining five events or applied evenly toward another event sanctioned or recognized by the PRCA. (G. Williams 1/20) B10.1.19 Performance-Preference. New B10.1.19.4 Televised Events. For televised events, the PRCA may feature two contestants per performance and move them into a performance. The performance where the contestant is moved must be either their first or second preference. (PRCA Staff 6/20) Rejected 04/21

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ProRodeo Sports News 6/11/2021