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Sec. 1. (a) A person may not conduct, assist, or aid or abet in conducting a horse racing meeting in which the pari-mutuel system of wagering is permitted unless that person secures a recognized meeting permit under this chapter.

(b) The commission may not issue a recognized meeting permit for:

(1) an activity other than horse racing meetings; or

(2) horse racing meetings conducted at:

(A) the state fairgrounds during a state fair; or

(B) a county fairgrounds.

However, subdivision (2) does not prohibit the commission from issuing a recognized meeting permit for races to be conducted at the state fairgrounds at times when a fair is not in session.

(c) The commission may not issue more than two (2) recognized meeting permits under this chapter.

As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992, SEC.8; P.L.233-2007, SEC.5.