1. (a) A person may not conduct, assist, or aid or abet in conducting a horse racing meeting in which the pari-mutuel system of wagering is permitted unless that person secures a recognized meeting permit under this chapter.

2. (b) The commission may not issue a recognized meeting permit for:

   1. (1) an activity other than horse racing meetings; or

   2. (2) horse racing meetings conducted at:

      1. (A) the state fairgrounds during a state fair; or

      2. (B) a county fairgrounds.

         However, subdivision (2) does not prohibit the commission from issuing a recognized meeting permit for races to be conducted at the state fairgrounds at times when a fair is not in session.

3. (c) The commission may not issue more than two (2) recognized meeting permits under this chapter.

As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992, SEC.8; P.L.233-2007, SEC.5.