2017 Indiana Code
TITLE 4. State Offices and Administration
ARTICLE 33. RIVERBOAT GAMBLING
CHAPTER 21. Riverboat Operations Temporarily Conducted by a Trustee
4-33-21-8. Riverboat owner's duty to sell a riverboat operated by a trustee
Sec. 8. (a) A person who directly or indirectly owns a riverboat that is the subject of a resolution described in section 3 of this chapter has one hundred eighty (180) days after the date on which the commission adopts the resolution to sell the riverboat (and its related properties described in section 9 of this chapter) to another person who:
(1) satisfies the requirements of this article for obtaining an owner's license; and
(2) is approved by the commission.
(b) If the person is unable to sell the riverboat (and its related properties described in section 9 of this chapter) in the time required by subsection (a), the trustee may take any action necessary to sell the properties to another person who:
(1) satisfies the requirements of this article for obtaining an owner's license; and
(2) is approved by the commission.
As added by P.L.142-2009, SEC.16.
