{"data":{"id":"us-in/ic-4-35-12-7","jurisdiction":"us-in","citation":"IC 4-35-12-7","heading":"Trustee's duties","body":"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 racetrack. In addition, the trustee shall consider the effect of the trustee's actions upon:\n(1) the amount of taxes and fees remitted by the trustee under this article;\n(2) the racetrack's surrounding community;\n(3) the racetrack's employees; and\n(4) the creditors of the owner of the racetrack.\n(b) In balancing the interests described in subsection (a), a trustee shall conduct gambling games at the racetrack in a manner that enhances the credibility and integrity of gambling games in Indiana while minimizing disruptions to tax revenues, fee remissions, employment, and credit obligations.","path":["TITLE 4. STATE OFFICES AND ADMINISTRATION","ARTICLE 35. GAMBLING GAMES AT RACETRACKS","Chapter 12. Gambling Games Temporarily Conducted by a Trustee"],"source_url":"https://iga.in.gov/ic/2026/Title_4.html#4-35-12-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-30T06:26:00Z","sha256":"9d643c98c55a3f60ad2d7ee6a1cc002da13c52bc802fec7802e41596ab299a0c","source_id":"us-in","stale":false,"prev":"us-in/ic-4-35-12-6","next":"us-in/ic-4-35-12-8"},"notice":"GroundRules: Original legal text. Not legal advice."}