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Terms Used In Indiana Code 4-33-21-11

  • Trustee: A person or institution holding and administering property in trust.
   Sec. 11. A licensed owner or an operating agent shall purchase liability insurance, in an amount determined by the commission, to protect the trustee appointed to conduct gambling operations on behalf of the licensed owner or operating agent from liability for any act or omission by the trustee occurring within the scope of the trustee’s duties. The insurance coverage required by this section must apply to the entire period of the trusteeship.

As added by P.L.142-2009, SEC.16.