Indiana Statutes

§ 4-33-21-7 — Trustee's duties

Indiana § 4-33-21-7
JurisdictionIndiana
Art. 33RIVERBOAT GAMBLING
Ch. 21Riverboat Operations Temporarily Conducted by a

This text of Indiana § 4-33-21-7 (Trustee's duties) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 4-33-21-7 (2026).

Text

(a)A trustee acting under the authority of this chapter must fulfill the trustee's duties as a fiduciary for the owner of the riverboat. In addition, the trustee shall consider the effect of the trustee's actions upon:
(1)the amount of taxes remitted by the trustee under IC 4-33-12 and IC 4-33-13;
(2)the city and county in which the riverboat is located;
(3)the riverboat's employees; and
(4)the creditors of the owner of the riverboat.
(b)In balancing the interests described in subsection (a), a trustee shall conduct gambling operations on the riverboat in a manner that enhances the credibility and integrity of riverboat gambling in Indiana while minimizing disruptions to tax revenues, incentive payments, employment, and credit obligations.

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Legislative History

As added by P.L.142-2009, SEC.16. Amended by P.L.229-2013, SEC.23.

Nearby Sections

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Bluebook (online)
Indiana § 4-33-21-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-33-21-7.