Indiana Code 4-36-2-13.5. “Profits”
Current as of: 2024 | Check for updates
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Sec. 13.5. “Profits” means the difference between:
(1) the total amount of money exchanged for the purchase of a raffle ticket in a qualified drawing; minus
(2) the total cost of the prizes awarded in the qualified drawing.
As added by P.L.19-2011, SEC.2.