Indiana § 4-33-21-3 Resolution authorizing a trustee to conduct gambling operations

Indiana Statutes

§ 4-33-21-3 — Resolution authorizing a trustee to conduct gambling operations

Indiana·Art. 33 RIVERBOAT GAMBLING·Ch. 21 Riverboat Operations Temporarily Conducted by a

The commission may adopt a resolution authorizing a trustee to temporarily conduct gambling operations on a riverboat if any of the following occurs with respect to that particular riverboat:

(1)The commission revokes the owner's license or operating agent contract.

(2)The commission declines to renew the owner's license or operating agent contract.

(3)A proposed transferee is denied an owner's license under this article when attempting to purchase the riverboat and obtain an owner's license, but the person who attempted to sell the riverboat is unable or unwilling to retain ownership or control of the riverboat.

(4)A proposed transferee is denied an operating agent contract under this article when attempting to purchase the riverboat subject to IC 4-33-6.5, but the person who attempte

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The commission may adopt a resolution
authorizing a trustee to temporarily conduct gambling operations on a
riverboat if any of the following occurs with respect to that particular
riverboat:
(1) The commission revokes the owner's license or operating
agent contract.
(2) The commission declines to renew the owner's license or
operating agent contract.
(3) A proposed transferee is denied an owner's license under this
article when attempting to purchase the riverboat and obtain an
owner's license, but the person who attempted to sell the riverboat
is unable or unwilling to retain ownership or control of the
riverboat.
(4) A proposed transferee is denied an operating agent contract
under this article when attempting to purchase the riverboat
subject to IC 4-33-6.5, but the person who attempted to sell the
riverboat is unable or unwilling to retain ownership or control of
the riverboat.
(5) A licensed owner or an operating agent agrees in writing to
relinquish control of a riverboat to a trustee as approved by the
commission.

Indiana § 4-33-21-3 (Resolution authorizing a trustee to conduct gambling operations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.