Indiana § 4-35-5-4 - Expiration of license; renewal
Full text of Indiana Indiana Code § 4-35-5-4 — Expiration of license; renewal, with citation guidance and answers to common questions.
§ 4-35-5-4. Expiration of license; renewal
Sec. 4. (a) An initial gambling game license expires five (5) years after the effective date of the license. Unless the gambling game license is terminated or revoked, the gambling game license may be renewed annually thereafter upon:
(1) the payment of an annual renewal fee of one hundred dollars ($100) per slot machine operated by the licensee; and
(2) a determination by the commission that the licensee satisfies the conditions of this chapter.
Renewal fees paid under this section shall be deposited in the state general fund.
(b) Except as provided in subsection (c), an initial gaming license may not be transferred by the initial licensee for at least five (5) years after the effective date of the license.
(c) A gambling game license may be transferred for any of the following reasons:
(1) As a result of a bankruptcy, a receivership, or a debt adjustment initiated by or against the initial licensee or the substantial owners of the initial licensee.
(2) Because:
(A) the licensee's license has been cancelled, terminated, or revoked by the commission; or
(B) the commission determines that transferring the license is in the best interests of Indiana.
(3) Because of the death of a substantial owner of the initial licensee.
A transfer permitted under this subsection is subject to section 7 of this chapter.
As added by P.L.233-2007, SEC.21. Amended by P.L.146-2008, SEC.20.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-35-5-4
What does Indiana Code § 4-35-5-4 cover?
Section 4-35-5-4 ("Expiration of license; renewal") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 4-35-5-4?
A common citation format is "Indiana Code § 4-35-5-4" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 4-35-5-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.