68 IAC 3.1-2-5
68 IAC 3.1-2-5 Expenditures not allocated to casino gambling operation; voting rights
Cite as Ind. Admin. Code tit. 68, r. 3.1-2-5
Sec. 5. (a) Corporate expenditures not allocated to the casino gambling operation and in excess of two hundred fifty thousand dollars
($250,000) of a casino owner's licensee or applicant that is not publicly traded, or its substantial owners, shall be reported to the commission
quarterly.
(b) A casino owner's licensee or applicant that is not publicly traded, and its substantial owners, shall report the transfer or assignment of
voting rights to the commission within ten (10) days.
(c) A casino owner's licensee or applicant that is not publicly traded, and its substantial owners, must provide notice to the executive
director not less than five (5) days prior to the transfer of ownership interest of less than five percent (5%).