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

Indiana Statutes

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

Indiana § 4-33-21-8

Art. 33RIVERBOAT GAMBLING

Ch. 21Riverboat Operations Temporarily Conducted by a

This text of Indiana § 4-33-21-8 (Riverboat owner's duty to sell a riverboat operated by a trustee) 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 § 4-33-21-8 (2026).

Text

(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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(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 approved by the commission.