(a) A fund that:(1) was established by a unit before July 1, 1997; and(2) would have been considered a riverboat fund for purposes of section 9 of this chapter if section 9 of this chapter had been in effect before July 1, 1997;is legalized and validated.(b) A fund described in subsection (a) is considered a riverboat fund for purposes of section 9 of this chapter.As added by P.L.220-2011, SEC.640.
Indiana Legal Code