Indiana Statutes

§ 4-35-5-4 — Expiration of license; renewal

Indiana·Art. 35 GAMBLING GAMES AT RACETRACKS·Ch. 5 Gambling Game License
(a)An initial gambling game license expires five
(5)years after the effective date of the license. Unless the gambling game license is terminated or revoked, the gambling game license may be renewed annually thereafter upon:
(1)the payment of an annual renewal fee of one hundred dollars ($100) per slot machine operated by the licensee; and
(2)a determination by the commission that the licensee satisfies the conditions of this chapter. Renewal fees paid under this section shall be deposited in the state general fund.
(b)Except as provided in subsection (c), an initial gaming license may not be transferred by the initial licensee for at least five (5) years after the effective date of the license.
(c)A gambling game license may be transferred for any of the following reasons:
(1)As a

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Legislative History

As added by P.L.233-2007, SEC.21. Amended by P.L.146-2008, SEC.20.

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