"Breakage" or "breaks"

Ind. Code § 4-31-2.1-4
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 4. "Breakage" or "breaks" means the odd cents of all redistributions to be made on all mutuel contributions exceeding a sum equal to the next lowest multiple of ten (10). As added by P.L.105-2022, SEC.2.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements