Sec. 6. (a) As used in this section, “horsemen’s association” means a corporation, a limited liability company, an organization, or an association that represents, through membership, more than one-half (1/2) of the aggregate of all owners and trainers who were licensed and actively participated in racing at a recognized meeting.

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Terms Used In Indiana Code 4-31-8-6

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
     (b) A permit holder may contract with one (1) or more horsemen’s association for the association to represent owners and trainers participating in a horse racing meeting conducted by the permit holder.

As added by P.L.341-1989(ss), SEC.2. Amended by P.L.8-1993, SEC.41.

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