Indiana § 4-38-8-2 - Sports wagering fund established
Full text of Indiana Indiana Code § 4-38-8-2 — Sports wagering fund established, with citation guidance and answers to common questions.
§ 4-38-8-2. Sports wagering fund established
Sec. 2. (a) The sports wagering fund is established.
(b) The commission shall administer the fund.
(c) The fund consists of the following:
(1) Initial fees deposited in the fund under IC 4-38-4-5.
(2) Fees deposited in the fund under IC 4-38-6.
(3) Fees deposited in the fund under IC 4-38-7.
(4) Administrative fees deposited in the fund under section 1 of this chapter.
(d) The expenses of administering the fund shall be paid from the fund.
(e) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner that other public money may be invested. Interest that accrues from these investments shall be deposited in the fund.
(f) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(g) Money in the fund is continuously appropriated to the commission for the purpose of administering this article.
As added by P.L.293-2019, SEC.43. Amended by P.L.1-2020, SEC.1.
IC 4-38-9Chapter 9. Integrity Requirements
4-38-9-1Background checks; suitability requirements 4-38-9-2Security of data and information 4-38-9-3Acceptable wagers 4-38-9-4Information from a sports governing body; requests from a sports governing body 4-38-9-5Investigations conducted by sports governing bodies or law enforcement agencies 4-38-9-6Required reports to the commission 4-38-9-7Confidentiality of information provided by a sports governing body to certificate holders or vendors 4-38-9-8Confidentiality of information provided by a sports governing body to the commission
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-38-8-2
What does Indiana Code § 4-38-8-2 cover?
Section 4-38-8-2 ("Sports wagering fund established") 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 § 4-38-8-2?
A common citation format is "Indiana Code § 4-38-8-2" (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 § 4-38-8-2 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.