Indiana Code 4-33-21-7. Trustee’s duties
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Sec. 7. (a) A trustee acting under the authority of this chapter must fulfill the trustee’s duties as a fiduciary for the owner of the riverboat. In addition, the trustee shall consider the effect of the trustee’s actions upon:
(2) the city and county in which the riverboat is located;
(1) the amount of taxes remitted by the trustee under IC 4-33-12 and IC 4-33-13;
Terms Used In Indiana Code 4-33-21-7
- Fiduciary: A trustee, executor, or administrator.
- Trustee: A person or institution holding and administering property in trust.
(3) the riverboat’s employees; and
(4) the creditors of the owner of the riverboat.
(b) In balancing the interests described in subsection (a), a trustee shall conduct gambling operations on the riverboat in a manner that enhances the credibility and integrity of riverboat gambling in Indiana while minimizing disruptions to tax revenues, incentive payments, employment, and credit obligations.
As added by P.L.142-2009, SEC.16. Amended by P.L.229-2013, SEC.23.