{"data":{"id":"us-in/ic-4-31-7.5-10","jurisdiction":"us-in","citation":"IC 4-31-7.5-10","heading":"Licensed SPMO acceptance of advance deposit wagers","body":"Sec. 10. (a) A licensed SPMO may accept advance deposit wagers for races conducted within or outside Indiana. Advance deposit wagers made under this chapter are considered to have been made in Indiana.\n(b) A licensed SPMO must have a single written contract signed by each permit holder. The contract must be approved by the commission. The contract must:\n(1) specify the manner in which the amount of the source market fee is determined for each permit holder;\n(2) govern all other aspects of the business relationship between the licensed SPMO and each permit holder; and\n(3) contain a provision reserving all rights of horsemen's associations under the federal Interstate Horse Racing Act (15 U.S.C. 3001 et seq.).","path":["TITLE 4. STATE OFFICES AND ADMINISTRATION","ARTICLE 31. PARI-MUTUEL WAGERING ON HORSE RACES","Chapter 7.5. Advance Deposit Wagering"],"source_url":"https://iga.in.gov/ic/2026/Title_4.html#4-31-7.5-10","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-30T06:26:00Z","sha256":"cd1e80e55e2cc12fdf3a4f1a319b5fff4d759923b8710184a967560efe5c7d09","source_id":"us-in","stale":false,"prev":"us-in/ic-4-31-7.5-9","next":"us-in/ic-4-31-7.5-11"},"notice":"GroundRules: Original legal text. Not legal advice."}
