71 Ind. Admin. Code 1.5-1-18

Current through November 6, 2024

Section 71 IAC 1.5-1-18 - "Breakage" defined

Authority: IC 4-31-3-9

Affected: IC 4-31

Sec. 18.

"Breakage" means the odd cents of all redistributions to be made on all mutuel contributions exceeding a sum equal to the next lowest multiple of ten (10).

71 IAC 1.5-1-18

Indiana Horse Racing Commission; 71 IAC 1.5-1-18; emergency rule filed Jun 15, 1995, 5:00 p.m.: 18 IR 2816, eff Jul 1, 1995; readopted filed Oct 30, 2001, 11:50 a.m.: 25 IR 899; readopted filed Mar 23, 2007, 11:31 a.m.: 20070404-IR-071070030RFA; readopted filed November 26, 2013, 11:25 a.m.: 20131225-IR-071130345RFA

Readopted filed 8/28/2019, 1:23 p.m.: 20190925-IR-071190319RFA

Readopted filed 9/18/2024, 12:40 p.m.: 20241016-IR-071230796RFA