Sec. 1. (a) The Indiana horse racing commission is established. The commission consists of five (5) members appointed by the governor. The members of the commission:

(1) must be registered voters;

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Terms Used In Indiana Code 4-31-3-1

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) must have resided in Indiana for at least five (5) years preceding their appointment;

(3) may not be state employees; and

(4) may not have a direct or indirect interest in a firm, association, or corporation that:

(A) is licensed by the commission; or

(B) participates in pari-mutuel meetings in any manner.

     (b) No more than three (3) members of the commission may be affiliated with the same political party.

As added by P.L.341-1989(ss), SEC.2. Amended by P.L.8-1993, SEC.38.