71 Ind. Admin. Code 1.5-1-45.1

Current through December 4, 2024

Section 71 IAC 1.5-1-45.1 - "Horse industry trust account" defined

Authority: IC 4-31-3-9

Affected: IC 4-31; IC 5-13-9.5

Sec. 45.1.

"Horse industry trust account" means an interest bearing account established by an association in a fiduciary capacity for the deposit and dispersal of funds that are the property of a horsemen's association representing the owners and trainers of a designated breed racing at Indiana pari-mutuel facilities at a financial institution that is qualified to receive public monies pursuant to IC 5-13-9.5.

71 IAC 1.5-1-45.1

Indiana Horse Racing Commission; 71 IAC 1.5-1-45.1; emergency rule filed Oct 29, 2009, 11:33 a.m.: 20091104-IR-071090870ERA, eff Oct 26, 2009 [IC 4-22-2-37.1 establishes the effectiveness of an emergency rule upon filing with the Publisher. LSA Document #09-870(E) was filed with the Publisher October 29, 2009.]; readopted filed November 26, 2013, 11:25 a.m.: 20131225-IR-071130345RFA

Readopted filed 8/28/2019, 1:23 p.m.: 20190925-IR-071190319RFA

Readopted filed 9/18/2024, 12:40 p.m.: 20241016-IR-071230796RFA