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§ 4-32-3-2-35 — Indiana Law | CourtGPT
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  4. Title 4 - State Offices and Administration/
  5. Article 32.3 - Charity Gaming/
  6. Chapter 2 - Definitions4-32.3-2-1. Definitions/
  7. § 4-32-3-2-35
Indiana Legal Code

§ 4-32-3-2-35

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'Substantial owner' means:(1) a person holding at least a five percent (5%) ownership interest; or(2) an institutional investor holding at least a fifteen percent (15%) ownership interest;in a business entity.As added by P.L.58-2019, SEC.4.