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Current as of January 01, 2026 | Updated by Findlaw Staff
Sec. 3.5. (a) For purposes of this section, a person is considered to have an ownership interest in a riverboat owner's license if the interest is owned directly or indirectly by the person or by an entity controlled by the person.
(b) A person may have up to a one hundred percent (100%) ownership interest in not more than six (6) of any combination of:
(1) riverboat licenses issued under this chapter; and
(2) gambling game licenses issued under IC 4-35-5.
(c) A person may not have an ownership interest in more than six (6) of any combination of:
(1) riverboat owner's licenses issued under this chapter; and
(2) gambling game licenses issued under IC 4-35-5.
(d) This section may not be construed to increase the maximum number of licenses permitted under section 1 of this chapter or the number of riverboats that may be owned and operated under a license under section 10 of this chapter.
Cite this article: FindLaw.com - Indiana Code Title 4. State Offices and Administration § 4-33-6-3.5 - last updated January 01, 2026 | https://codes.findlaw.com/in/title-4-state-offices-and-administration/in-code-sect-4-33-6-3-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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