Indiana Statutes
§ 4-35-7-17 — Approval of distribution agreement; commission determined distribution amount in absence of a distribution agreement
(a)Subject to subsection (b), if:
(1)a distribution agreement is not submitted to the Indiana horse
racing commission before the deadlines imposed by section 16 of
this chapter; or
(2)the Indiana horse racing commission is unable to approve a
distribution agreement;
the Indiana horse racing commission shall determine the percentage of
a licensee's adjusted gross receipts that must be distributed under
section 12(b) of this chapter.
(b)The Indiana horse racing commission shall give the negotiation
committees an opportunity to correct any deficiencies in a proposed
distribution agreement before making a determination of the applicable
percentage under subsection (a).
(c)The Indiana horse racing commission shall consider the factors
used to evaluate a distribution agreement under section
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Indiana § 4-35-7-17 (Approval of distribution agreement; commission determined distribution amount in absence of a distribution agreement) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.210-2013, SEC.16. Amended by P.L.108-2019,
SEC.79; P.L.168-2019, SEC.21.
Nearby Sections
15
§ 4-1-1-1
Dates beginning and ending§ 4-1-1-2
Reports to governor§ 4-1-10-1
Applicability§ 4-1-10-1.5
"Person"§ 4-1-10-11
Attorney general investigation of disclosures; notice to county
prosecutor and state police§ 4-1-10-12
Attorney general determination of infraction; report to appointing
authority and county prosecutor§ 4-1-10-13
Attorney general rulemaking authority§ 4-1-10-2
"State agency"§ 4-1-10-3
Nondisclosure of Social Security number§ 4-1-10-6
State agency compliance