Indiana Administrative Code
Title 71 - INDIANA HORSE RACING COMMISSION
Article 11 - PERMIT APPLICATION REQUIREMENTS AND CRITERIA
Rule 1 - Permit Application Requirements and Criteria
Section 1-12.1 - Distribution agreements
Universal Citation: 71 IN Admin Code 1-12.1
Current through September 18, 2024
Authority: IC 4-35-7-12; IC 4-35-7-16
Affected: IC 4-31; IC 4-35
Sec. 12.1.
(a) The parties to the distribution agreement under IC 4-35-7-16 shall, on or before October 1 of each calendar year, report to the commission the effect of each distribution agreement on the Indiana horse racing industry.
(b) The parties submitting a proposed distribution agreement to the commission for approval under IC 4-35-7-16 shall have the burden of proving:
(1) The distribution agreement is in
the best interests of pari-mutuel horse racing in Indiana.
(2) The distribution agreement ensures the
maintenance of the highest standards and greatest level of integrity.
(3) The distribution is fair to all
parties.
(4) The licensees are
financially stable.
Disclaimer: These regulations may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
