Section 71IAC7-1-12. Receive entry fees

   (a) The racing secretary shall receive all stakes, entrance money, and other monies that properly can come to his or her office. At his or her discretion the racing secretary may receive monies due other associations as fees or forfeits, forwarding them promptly to the association to which same is due.

  (b) The racing secretary, or other designated association employee, shall maintain any audit trail of all monies received.

  (c) Monies shall be used only for the intended purpose. (Indiana Horse Racing Commission; 71 IAC 7-1-12; emergency rule filed Feb 10, 1994, 9:20 a.m.: 17 IR 1152; emergency rule filed Aug 10, 1994, 3:30 p.m.: 17 IR 2912; 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)