71 IAC 1.5-1-45.1
71 IAC 1.5-1-45.1 "Horse industry trust account" defined
Cite as Ind. Admin. Code tit. 71, r. 1.5-1-45.1
Sec. 45.1. "Horse industry trust account" means an interest bearing account established by an association in a fiduciary capacity for the
deposit and dispersal of funds that are the property of a horsemen's association representing the owners and trainers of a designated breed racing
at Indiana pari-mutuel facilities at a financial institution that is qualified to receive public monies pursuant to IC 5-13-9.5.