5205. Ownership of Horse.
B. Leases. Horses under lease to, but not owned by, the contestant or his/her immediate family members (as defined in PHBA rules) are eligible for amateur events.
- The horse must be leased for a least a period of one year and the lease must be to an individual only.
- The lease must be recorded with PHBA on a Showing Lease form and submitted to PHBA prior to exhibiting the horse. EXCEPTION: The lease must be recorded with PHBA by March 1st of the current year should the horse be shown at the PHBA World Championship Show.
- The lessee must be responsible for all expenses relating to the horse.
- Only one lease covering a horse will be recognized at a time.