Section 71IAC1-1-107. "Takeout" defined

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"Takeout" means the total amount of money, excluding breakage, withheld from each pari-mutuel pool as authorized by statute or rule. (Indiana Horse Racing Commission; 71 IAC 1-1-107; emergency rule filed Feb 10, 1994, 9:20 a.m.: 17 IR 1123; 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 Nov 26, 2013, 11:25 a.m.: 20131225-IR-071130345RFA)

                    
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