1. (a) A permit holder or an applicant for a gambling game license shall submit for the approval of the commission a written power of attorney identifying the person who, if approved by the commission, would serve as the permit holder's or applicant's trustee to conduct gambling games at a racetrack. The power of attorney submitted under this subsection must:

   1. (1) be executed in the manner required by IC 30-5 ;
   2. (2) describe the powers that may be delegated to the proposed trustee; and
   3. (3) conform with the requirements established by the commission under IC 4-35-4-2 (a)(7).

2. (b) The proposed power of attorney required by this section must be submitted as follows:

   1. (1) Before November 1, 2009, in the case of a permit holder who holds a gambling game license as of July 1, 2009.
   2. (2) Before the deadline established by the commission, in the case of a person who applies for a gambling game license after December 31, 2008.
3. (c) A permit holder must petition the commission for its approval of any changes to a power of attorney approved by the commission.

As added by P.L.142-2009, SEC.22. Amended by P.L.93-2024, SEC.38.