Legalization of Certain Funds Established Before July 1, 1997; Fund Considered Riverboat Fund for Purposes of Section 9 of This Chapter

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  6. Legalization of Certain Funds Established Before July 1, 1997; Fund Considered Riverboat Fund for Purposes of Section 9 of This Chapter

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Sec. 9.1. (a) A fund that:

(1) was established by a unit before July 1, 1997; and

(2) would have been considered a riverboat fund for purposes of section 9 of this chapter if section 9 of this chapter had been in effect before July 1, 1997;

is legalized and validated.

(b) A fund described in subsection (a) is considered a riverboat fund for purposes of section 9 of this chapter.

As added by P.L.220-2011, SEC.640.


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