Ind. Code § 36-1-8-9.1
Legalization of certain funds established before July 1, 1997; fund considered riverboat fund for purposes of section 9 of this chapter
As added by P.L.220-2011, SEC.640.
(a) A fund that:
- (1) was established by a unit before July 1, 1997; and
(2) would have been considered a riverboat fund for purposes of section 9 of this chapter if section 9 of this chapter had been in effect before July 1, 1997;
is legalized and validated.
- (b) A fund described in subsection (a) is considered a riverboat fund for purposes of section 9 of this chapter.
As added by P.L.220-2011, SEC.640.