Indiana § 4-35-7-17 - Approval of distribution agreement; commission determined distribution amount in absence of a distribution agreement
Full text of Indiana Indiana Code § 4-35-7-17 — Approval of distribution agreement; commission determined distribution amount in absence of a distribution agreement, with citation guidance and answers to common questions.
§ 4-35-7-17. Approval of distribution agreement; commission determined distribution amount in absence of a distribution agreement
Sec. 17. (a) Subject to subsection (b), if:
(1) a distribution agreement is not submitted to the Indiana horse racing commission before the deadlines imposed by section 16 of this chapter; or
(2) the Indiana horse racing commission is unable to approve a distribution agreement;
the Indiana horse racing commission shall determine the percentage of a licensee's adjusted gross receipts that must be distributed under section 12(b) of this chapter.
(b) The Indiana horse racing commission shall give the negotiation committees an opportunity to correct any deficiencies in a proposed distribution agreement before making a determination of the applicable percentage under subsection (a).
(c) The Indiana horse racing commission shall consider the factors used to evaluate a distribution agreement under section 18 of this chapter when making a determination under subsection (a).
As added by P.L.210-2013, SEC.16. Amended by P.L.108-2019, SEC.79; P.L.168-2019, SEC.21.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-35-7-17
What does Indiana Code § 4-35-7-17 cover?
Section 4-35-7-17 ("Approval of distribution agreement; commission determined distribution amount in absence of a distribution agreement") 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 § 4-35-7-17?
A common citation format is "Indiana Code § 4-35-7-17" (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 § 4-35-7-17 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.