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Indiana Code Title 4. State Offices and Administration § 4-31-7.5-8

Current as of January 02, 2024 | Updated by FindLaw Staff

Sec. 8. As used in this chapter, “source market fee” refers to the amount of an advance deposit wager made on any race:

(1) through a licensed SPMO; and

(2) by an individual whose principal residence is within Indiana at the time the wager is made;

that a permit holder is entitled to receive from the licensed SPMO under the terms of the contract required by section 10 of this chapter between the licensed SPMO and each permit holder.

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Cite this article: FindLaw.com - Indiana Code Title 4. State Offices and Administration § 4-31-7.5-8 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-4-state-offices-and-administration/in-code-sect-4-31-7-5-8/

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