Sec. 10. A trustee is entitled to reasonable compensation for carrying out the duties imposed upon the trustee under this chapter. The trustee’s compensation must be:

(1) approved by the commission; and

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Terms Used In Indiana Code 4-35-12-10

  • Trustee: A person or institution holding and administering property in trust.
(2) paid by the owner of the racetrack that is the subject of a resolution described in section 3 of this chapter.

As added by P.L.142-2009, SEC.28.