(a) No race shall be authorized or permitted for a purse, stake or reward of less than $700 except in the event of a split race, in which case the purse, stake or reward shall be equally divided.
(b) Plate value, if any, shall be considered as a part of the purse, stake or reward.
38 Del. Laws, c. 62, § 10; Code 1935, § 5505; 43 Del. Laws, c. 242; 28 Del. C. 1953, § 345; 68 Del. Laws, c. 84, § 173(a).
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