{"data":{"id":"us-in/ic-4-35-7-17","jurisdiction":"us-in","citation":"IC 4-35-7-17","heading":"Approval of distribution agreement; commission determined distribution amount in absence of a distribution agreement","body":"Sec. 17. (a) Subject to subsection (b), if:\n(1) a distribution agreement is not submitted to the Indiana horse racing commission before the deadlines imposed by section 16 of this chapter; or\n(2) the Indiana horse racing commission is unable to approve a distribution agreement;\nthe Indiana horse racing commission shall determine the percentage of a licensee's adjusted gross receipts that must be distributed under section 12(b) of this chapter.\n(b) The Indiana horse racing commission shall give the negotiation committees an opportunity to correct any deficiencies in a proposed distribution agreement before making a determination of the applicable percentage under subsection (a).\n(c) The Indiana horse racing commission shall consider the factors used to evaluate a distribution agreement under section 18 of this chapter when making a determination under subsection (a).","path":["TITLE 4. STATE OFFICES AND ADMINISTRATION","ARTICLE 35. GAMBLING GAMES AT RACETRACKS","Chapter 7. Conduct of Gambling Games at Racetracks"],"source_url":"https://iga.in.gov/ic/2026/Title_4.html#4-35-7-17","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-30T06:26:00Z","sha256":"9f5a9c8b760711e47be804fd1117f699540dc58be5fedf5347c35d9ca3a35c67","source_id":"us-in","stale":false,"prev":"us-in/ic-4-35-7-16","next":"us-in/ic-4-35-7-18"},"notice":"GroundRules: Original legal text. Not legal advice."}
