S.D. Admin. R. 20:04:33:33

Current through Register Vol. 51, page 57, November 12, 2024
Section 20:04:33:33 - Bond

At the time of final approval of the applicants system and license, the multi-jurisdictional totalizator hub applicant shall give to the commission a bond in an amount set by the commission, that guarantees all payments to the commission, payments for winning tickets, and the payment of account balances not to exceed $10,000 per account. The bond must be made payable to the South Dakota Commission on Gaming.

S.D. Admin. R. 20:04:33:33

32 SDR 32, effective 8/30/2005.

General Authority: SDCL 42-7-56(15)(16).

Law Implemented: SDCL 42-7-56(15)(16), 42-7-58.1, 42-7-60.