Indiana Statutes

§ 4-33-23-11 — Restrictions on parties to development agreements and recipients

Indiana·Art. 33 RIVERBOAT GAMBLING·Ch. 23 Administration of Local Development Agreements
(a)A party that is not the development provider may not be a for-profit person.
(b)A specified recipient may not be a for-profit person.
(c)A specified recipient who disburses part or all of an economic development payment to an unspecified recipient has a duty to ensure that the expenditures made by the unspecified recipient directly advance the stated purposes of the economic development payment.

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Indiana § 4-33-23-11 (Restrictions on parties to development agreements and recipients) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.82-2011, SEC.1. Amended by P.L.6-2012, SEC.22.

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