§ 4-33-6-3.5 — Maximum number of owner's licenses that may be issued to a riverboat owner

Indiana § 4-33-6-3.5

• Jurisdiction: Indiana
• Art. 33: RIVERBOAT GAMBLING
• Ch. 6: Licensing of Owners

Text

5. (a) For purposes of this section, a person is
considered to have an ownership interest in a riverboat owner's license
if the interest is owned directly or indirectly by the person or by an
entity controlled by the person.
(b) A person may have up to a one hundred percent (100%)
ownership interest in not more than six (6) of any combination of:
(1) riverboat licenses issued under this chapter; and
(2) gambling game licenses issued under IC 4-35-5.
(c) A person may not have an ownership interest in more than six
(6) of any combination of:
(1) riverboat owner's licenses issued under this chapter; and
(2) gambling game licenses issued under IC 4-35-5.
(d) This section may not be construed to increase the maximum
number of licenses permitted under section 1 of this chapter or the
number of riverboats that may be owned and operated under a license
under section 10 of this chapter.

Legislative History

As added by P.L.149-2003, SEC.3. Amended by P.L.293-2019, SEC.11.