Indiana Statutes

§ 4-35-12-3 — Resolution authorizing a trustee to conduct gambling games at a racetrack

Indiana·Art. 35 GAMBLING GAMES AT RACETRACKS·Ch. 12 Gambling Games Temporarily Conducted by a Trustee

The commission may adopt a resolution authorizing a trustee to temporarily conduct gambling games at a racetrack if any of the following occur with respect to that particular racetrack:

(1)The commission revokes the owner's permit or gambling game license.
(2)The commission declines to renew the owner's permit or gambling game license.
(3)A proposed transferee is denied a permit under IC 4-31 or a gambling game license under this article when attempting to purchase the racetrack and obtain a permit, but the person who attempted to sell the racetrack is unable or unwilling to retain ownership or control of the racetrack.
(4)A permit holder agrees in writing to relinquish control of the racetrack to a trustee as approved by the commission.

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Indiana § 4-35-12-3 (Resolution authorizing a trustee to conduct gambling games at a racetrack) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.142-2009, SEC.28.

Nearby Sections

15
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