Ind. Admin. Code tit. 71, r. 13-1-6
Authority: IC 4-31-3-9; IC 4-35-7-12
Sec. 6. All monies allocated to a registered horsemen's association for equine promotion or welfare, backside benevolence, or the necessary operations of a horsemen's association required to implement and fulfill the purposes of IC 4-35-7-12 shall be expended or held in reasonable reserve by a registered horsemen's association in the amounts and for the purposes specified by IC 4-35-7-12.
(Indiana Horse Racing Commission; 71 IAC 13-1-6; emergency rule filed Jul 11, 2008, 2:13 p.m.: 20080723- IR-071080595ERA; readopted filed Nov 21, 2014, 2:25 p.m.: 20141217-IR-071140403RFA; readopted filed Aug 28, 2019, 1:23 p.m.: 20190925-IR-071190319RFA; readopted filed Aug 3, 2023, 12:49 p.m.: 20230830-IR- 071230428RFA)