Indiana Code Title 4. State Offices and Administration § 4-35-4-14

(1) That circumstances requiring a trustee to assume control of the gambling game facility are likely to occur.

(2) That the commission has not approved a power of attorney identifying any other person to serve as the trustee for the gambling game facility.

(3) That there is not enough time to consider and approve a power of attorney with respect to the gambling game facility before the circumstances found likely to occur under subdivision (1) will occur.

(1) The commission adopts a resolution under IC 4-35-12-3 authorizing a trustee appointed in an approved power of attorney submitted by the permit holder to conduct gambling games under IC 4-35-12.

(2) The commission revokes the trustee's authority to conduct gambling games as provided by IC 4-35-12-12.

(3) A new permit holder assumes control of the racetrack, gambling game facility, and related properties.

(1) the model power of attorney established by the executive director under section 13.2 of this chapter;  and

(2) IC 4-35-12.