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.
As added by P.L.142-2009, SEC.16. Amended by P.L.229-2013, SEC.23.
Structure Indiana Code
Title 4. State Offices and Administration
Article 33. Riverboat Gambling
Chapter 21. Riverboat Operations Temporarily Conducted by a Trustee
4-33-21-1. Application of Chapter
4-33-21-3. Resolution Authorizing a Trustee to Conduct Gambling Operations
4-33-21-4. Effective Date of Power of Attorney
4-33-21-5. General Power of Attorney Law Applies
4-33-21-6. Trustee Requirements
4-33-21-8. Riverboat Owner's Duty to Sell a Riverboat Operated by a Trustee
4-33-21-9. Operation of Related Properties
4-33-21-10. Trustee Compensation