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

Indiana Statutes

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

Indiana § 4-35-12-3

Art. 35GAMBLING GAMES AT RACETRACKS

Ch. 12Gambling Games Temporarily Conducted by a Trustee

This text of Indiana § 4-35-12-3 (Resolution authorizing a trustee to conduct gambling games at a racetrack) 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 § 4-35-12-3 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.