IC 4-33-21-7: Trustee's duties
Where this section sits in the code
- TITLE 4. STATE OFFICES AND ADMINISTRATION
- ARTICLE 33. RIVERBOAT GAMBLING
- Chapter 21. Riverboat Operations Temporarily Conducted by a Trustee
Sec. 7. (a) A trustee acting under the authority of this chapter must fulfill the trustee's duties as a fiduciary for the owner of the riverboat. In addition, the trustee shall consider the effect of the trustee's actions upon:
(1) the amount of taxes remitted by the trustee under IC 4-33-12 and IC 4-33-13;
(2) the city and county in which the riverboat is located;
(3) the riverboat's employees; and
(4) the creditors of the owner of the riverboat.
(b) In balancing the interests described in subsection (a), a trustee shall conduct gambling operations on the riverboat in a manner that enhances the credibility and integrity of riverboat gambling in Indiana while minimizing disruptions to tax revenues, incentive payments, employment, and credit obligations.
Collected 2026-08-30T06:26:00Z. Source file · JSON