Section 68 IAC 3.1-2-3 - Ledger requirementAuthority: IC 4-33-4-3; IC 4-35-4-2
Affected: IC 4-33-6; IC 4-35-5
Sec. 3.
(a) A casino owner's licensee or applicant that is not publicly traded, and its substantial owners, shall maintain a ledger, which shall at all times reflect: (1) the ownership of every class of security issued by the casino owner's licensee;(2) the names, addresses, and number of shares held by all equity holders;(3) the rights and privileges acquired by the holders of different classes of authorized securities, including debentures;(4) the terms on which securities are to be offered;(5) the terms and conditions of all outstanding loans, mortgages, trust deeds, pledges, or any other indebtedness or security device;(6) the options existing or to be created; and(7) any further financial data which the executive director or the commission may deem necessary or appropriate for the protection of the state of Indiana or licensed gambling, or both.(b) The ledger shall be available for inspection by the commission or the executive director, or the executive director's designee, at all reasonable times without notice. Indiana Gaming Commission; 68 IAC 3.1-2-3; filed 1/20/2023, 2:57 p.m.: 20230215-IR-068220069FRA