Indiana Administrative Code
Title 71 - INDIANA HORSE RACING COMMISSION
Article 1.5 - FLAT RACING; DEFINITIONS
Rule 1 - Definitions
Section 1-38 - "Financial interest" defined
Universal Citation: 71 IN Admin Code 1-38
Current through September 18, 2024
Authority: IC 4-31-3-9
Affected: IC 4-31
Sec. 38.
"Financial interest" means an interest that could result in directly or indirectly receiving a pecuniary gain or sustaining a pecuniary loss as a result of:
(1) ownership or interest in a horse or business entity; or
(2) as a result of salary, gratuity, or other compensation or remuneration from any person.
The lessee and lessor of a horse have a financial interest.
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