PRCA Business Journal - Nov. 12, 2021

R1.7.1.3 Circuit Points. Circuit points and the requisite rodeo count for Circuit Finals Rodeo eligibility will count for those rodeos considered either an “official entry” or “unofficial entry” rodeo (excluding co-approved rodeos according to Bylaw B10.2.10). BOD adopted 09/21 Change R1.7.2 Maximum Number of Official Entries. A contestant may enter as many PRCA-approved rodeos as desired. However, no more than the following number of rodeos will be accepted as official entries: Bareback Riding 100 Official Rodeos Saddle Bronc Riding 100 Official Rodeos Bull Riding No limit 125 Official Rodeos Tie-Down Roping 100 75 Official Rodeos Steer Wrestling 85 75 Official Rodeos Team Roping 65 75 Official Rodeos (C. Rostockyj 6/20) BOD Adopted as written 09/21 R3.2.2 No Animal May Be in the Draw Twice on the Same Day New R3.2.2.1 No Horse Bucked Back-to-Back Days. No bareback or saddle bronc horse may be bucked on back-to-back days at rodeos with $5,000 or more added per event, however a horse may be designated as a re-ride after it’s been bucked. (I. Diaz 4/20) BOD Tabled 09/2021 New R3.2.2.2 After Eight Draw Outs. A bucking horse that is in the draw eight or more times in a single event within a rodeo season and is turned out 100% of the time, that horse can no longer be in the draw at any PRCA events. (I. Diaz 4/20) Withdrawn by I. Diaz 08/21 R5.5.3 Procedure When Not Enough Contestants Qualify for Paid Places. New R5.5.3.1 Procedure When Not Enough Contestants Qualify for Paid Places. In the bull riding event, if no one qualifies for prize money for that rodeo in its entirety, no ground money will be paid out. The prize money for the bull riding for that rodeo will be held in escrow by the PRCA until the following year and will be combined with the bull riding purse for that same rodeo the following year and paid out in accordance with the PRCA Rule Book. The PRCA will not retain its 6% until the money has actually been paid out. If the purse is “carried over” to the following year, the amount to be combined with the current year’s purse will be published in the long listings in the ground rules of that rodeo. At series rodeos (which consist of 10 or more weekly rodeos), in the bull riding event, if no one qualifies for prize money for that rodeo, no ground money will be paid out. The prize money for the bull riding for that rodeo will be combined with the bull riding purse for the next rodeo included in the series the following week and paid out in accordance with the PRCA Rule Book. It will be listed in the ground rules that the prize money may be “carried over” to the following week if there are no qualified rides. (C. Rostockyj 6/19) BOD Adopted 09/2021 2022 Bylaw Proposals 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) BOD Accepted as amended 08/21

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ProRodeo Sports News 11/12/2021