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§ 4-31-7-5-10 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 4 - State Offices and Administration/
  5. Article 31 - Pari-mutuel Wagering on Horse Races/
  6. Chapter 7.5 - Advance Deposit Wagering4-31-7.5-1. Intent/
  7. § 4-31-7-5-10
Indiana Legal Code

§ 4-31-7-5-10

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Advance deposit wagers made under this chapter are considered to have been made in Indiana.(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:(1) specify the manner in which the amount of the source market fee is determined for each permit holder;(2) govern all other aspects of the business relationship between the licensed SPMO and each permit holder; and(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.).As added by P.L.268-2017, SEC.12.