71 Ind. Admin. Code 1.5-1-38

Current through December 4, 2024

Section 71 IAC 1.5-1-38 - "Financial interest" defined

Authority: IC 4-31-3-9

Affected: IC 4-31

Sec. 38.

"Financial interest" means an interest that could result in directly or indirectly receiving a pecuniary gain or sustaining a pecuniary loss as a result of:

(1) ownership or interest in a horse or business entity; or

(2) as a result of salary, gratuity, or other compensation or remuneration from any person.

The lessee and lessor of a horse have a financial interest.

71 IAC 1.5-1-38

Indiana Horse Racing Commission; 71 IAC 1.5-1-38; emergency rule filed Jun 15, 1995, 5:00 p.m.: 18 IR 2818, 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 11/10/2014, 2:07 p.m.: 20141210-IR-071140230FRA

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

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