Grace Periods Expiring Thurs, Jan. 10; Registration Fee Revisions Announced
Thursday, January 10, 2008
Lexington, Ky. – The ten-day grace period from December 31, 2007, established by the American Saddlebred Registry for some deadlines, expires Thursday, January 10. Taking advantage of the grace period requires a valid postmark of January 10; otherwise, higher fees are effective.
Registrations
A $150 fee for all Saddlebreds aged 12 months or over applies to all registration applications postmarked by January 10. New fees for such horses will apply to applications postmarked after that date: the Registry’s board of directors recently determined that new fees will now be $200 for horses aged 12 months up to 24 months, and a $300 registration fee will apply to horses aged 24 months and over.
Transfers
For transfers received with a postmark after January 10, late fees of $10 per month begin to accrue 30 days after a horse is sold. The maximum penalty remains at $200. The new practice applies to any horse sold after September 15, 2007. The previous fee schedule applies to horses sold between January 1 and September 15, 2007, provided the transfer is postmarked on or before Thursday, January 10.
Grand National
The 10-day grace period applies to the deadline for nominating stallions to the American Saddlebred Registry Grand National in order for all 2007 foals to be eligible. The grace period also applies to recording 2007 foals to the Grand National. Postmarks of Thursday, January 10, or earlier, are required for eligibility.
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