An interest in the winnings of a horse does not constitute part ownership of that horse. A husband and wife acting together are considered one owner, but each spouse must have a separate owner's license.
S.D. Admin. R. 20:04:21:01.01
General Authority: SDCL 42-7-56.
Law Implemented: SDCL 42-7-56(12), 42-7-67.
Definition of owner, § 20:04:31:01(44).