Section 71IAC1-1-42. "Financial interest" defined

Latest version.

"Financial interest" means an interest that could result in directly or indirectly receiving a pecuniary gain or sustaining a pecuniary loss as a result of:

(1) ownership or interest in a horse or business entity; or

(2) as a result of salary, gratuity, or other compensation or remuneration from any person.

The lessee and lessor of a horse have a financial interest. (Indiana Horse Racing Commission; 71 IAC 1-1-42; emergency rule filed Feb 10, 1994, 9:20 a.m.: 17 IR 1117; readopted filed Oct 30, 2001, 11:50 a.m.: 25 IR 899; readopted filed Mar 23, 2007, 11:31 a.m.: 20070404-IR-071070030RFA; filed Nov 10, 2014, 2:07 p.m.: 20141210-IR-071140230FRA)

                    
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