Section 4-31-7.5-15 - Secondary pari-mutuel organization licenses(a) The commission may issue to a secondary pari-mutuel organization a license to offer advance deposit wagering to Indiana residents if the commission: (1) finds that the applicant satisfies the requirements of this chapter and the rules adopted by the commission under section 11 of this chapter; and(2) approves the contract submitted under section 13 of this chapter.(b) The term of a license issued under this chapter is one (1) year.(c) The annual license renewal fee is one thousand dollars ($1,000).Added by P.L. 268-2017,SEC. 12, eff. 7/1/2017.