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Indiana Code Title 4. State Offices and Administration § 4-33-21-7

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

Sec. 7. (a) A trustee acting under the authority of this chapter must fulfill the trustee's duties as a fiduciary for the owner of the riverboat.  In addition, the trustee shall consider the effect of the trustee's actions upon:

(1) the amount of taxes remitted by the trustee under IC 4-33-12 and IC 4-33-13;

(2) the city and county in which the riverboat is located;

(3) the riverboat's employees;  and

(4) the creditors of the owner of the riverboat.

(b) In balancing the interests described in subsection (a), a trustee shall conduct gambling operations on the riverboat in a manner that enhances the credibility and integrity of riverboat gambling in Indiana while minimizing disruptions to tax revenues, incentive payments, employment, and credit obligations.

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Cite this article: FindLaw.com - Indiana Code Title 4. State Offices and Administration § 4-33-21-7 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-4-state-offices-and-administration/in-code-sect-4-33-21-7/

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