§ 4-31-5-6 — Filing requirements

Indiana § 4-31-5-6

• Jurisdiction: Indiana
• Art. 31: PARI-MUTUEL WAGERING ON HORSE RACES
• Ch. 5: Permits to Conduct Recognized Meetings

Text

(a) The commission may not issue a recognized
meeting permit unless the applicant has filed with the commission:
(1) a financial statement prepared and certified by a certified
public accountant in accordance with sound accounting practices,
showing the net worth of the applicant;
(2) a statement from the department of state revenue and the
treasurer of state that there are no pari-mutuel taxes or other
obligations owed by the applicant to the state or any of its
departments or agencies;
(3) a statement from the county treasurer of the county in which
the applicant proposes to conduct horse racing meetings that there
are no real or personal property taxes owed by any of the
principals seeking the permit; and
(4) a statement of obligations that are owed or being contested,
including salaries, purses, entry fees, laboratory fees, and debts
owed to vendors and suppliers.
(b) In addition to the requirements of subsection (a), the commission
may not issue a recognized meeting permit for a recognized meeting to
occur in a county unless IC 4-31-4 has been satisfied.

Legislative History

As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992, SEC.11; P.L.24-1996, SEC.7.