Section 68 IAC 3.1-2-7 - Approval for particular transactionsAuthority: IC 4-33-4-3; IC 4-35-4-2
Affected: IC 4-33-6; IC 4-35-5
Sec. 7.
A casino owner's licensee or applicant that is not publicly traded, or its substantial owners, must have in place processes which have been approved by the board of directors for the following transactions:
(1) Single purchases of over fifty thousand dollars ($50,000).(2) Transactions that result in aggregate spend over fifty thousand dollars ($50,000) with a single vendor.(3) A contract or agreement regarding employment, lobbying, government affairs, or settlement of claims over fifty thousand dollars ($50,000).Indiana Gaming Commission; 68 IAC 3.1-2-7; filed 1/20/2023, 2:57 p.m.: 20230215-IR-068220069FRA