Indiana Statutes

§ 4-33-21-8 — Riverboat owner's duty to sell a riverboat operated by a trustee

Indiana·Art. 33 RIVERBOAT GAMBLING·Ch. 21 Riverboat Operations Temporarily Conducted by a
(a)A person who directly or indirectly owns a riverboat that is the subject of a resolution described in section 3 of this chapter has one hundred eighty (180) days after the date on which the commission adopts the resolution to sell the riverboat (and its related properties described in section 9 of this chapter) to another person who:
(1)satisfies the requirements of this article for obtaining an owner's license; and
(2)is approved by the commission.
(b)If the person is unable to sell the riverboat (and its related properties described in section 9 of this chapter) in the time required by subsection (a), the trustee may take any action necessary to sell the properties to another person who:
(1)satisfies the requirements of this article for obtaining an owner's license; and
(2)is ap

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Indiana § 4-33-21-8 (Riverboat owner's duty to sell a riverboat operated by a trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.142-2009, SEC.16.

Nearby Sections

15
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