§ 4-35-5-9 — Submission of proposed power of attorney

(a) A permit holder or an applicant for a
gambling game license shall submit for the approval of the commission
a written power of attorney identifying the person who, if approved by
the commission, would serve as the permit holder's or applicant's
trustee to conduct gambling games at a racetrack. The power of
attorney submitted under this subsection must:
(1) be executed in the manner required by IC 30-5;
(2) describe the powers that may be delegated to the proposed
trustee; and
(3) conform with the requirements established by the commission
under IC 4-35-4-2(a)(7).
(b) The proposed power of attorney required by this section must be
submitted as follows:
(1) Before November 1, 2009, in the case of a permit holder who
holds a gambling game license as of July 1, 2009.
(2) Before the deadline established by the commission, in the case
of a person who applies for a gambling game license after
December 31, 2008.
(c) A permit holder must petition the commission for its approval of
any changes to a power of attorney approved by the commission.

Legislative History

As added by P.L.142-2009, SEC.22. Amended by P.L.93-2024, SEC.38.