Indiana Code 4-38-9-3. Acceptable wagers
(1) A partnership, a corporation, an association, or any other entity that is not an individual.
Terms Used In Indiana Code 4-38-9-3
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(3) A certificate holder, a vendor, a director, officer, or employee of the certificate holder or vendor, or a relative living in the same household of a certificate holder or vendor.
(4) A sports wagering service provider, a director, officer, or employee of a sports wagering service provider, or a relative living in the same household of a sports wagering service provider.
(5) With respect to a sporting event sponsored, organized, or conducted by a particular sports governing body, any of the following:
(A) An employee of the sports governing body.
(B) A game official employed by or under contract with the sports governing body.
(C) A coach, manager, or other personnel employed by or under contract with a member club of the sports governing body.
(D) An athlete who is:
(i) under contract with a member club of the sports governing body in the case of a team sport; or
(ii) eligible to participate in events conducted by the sports governing body in the case of an individual sport.
(E) An employee of a union representing athletes or game officials.
(F) A relative living in the same household of an individual described in clauses (A) through (E).
(6) An individual convicted of a state or federal crime relating to sports wagering.
As added by P.L.293-2019, SEC.43.