South Dakota Statutes

§ 42-7-65 — Transfer of license or stock ownership subject to approval--Standards applied.

South Dakota·Title 42 RECREATION AND SPORTS·Ch. 42-6 HORSE AND DOG RACING
All transfers of licenses to collect or disburse money under the certificate system or transfers of stock in a corporation holding a license shall be subject to prior review and approval by the commission, and the disclosure requirements as provided in § 42-7-59 . The commission may approve minor transfers of stock without a hearing. The commission shall apply the standards provided in § 42-7-91 in determining whether it shall permit a transfer of stock.

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South Dakota § 42-7-65 (Transfer of license or stock ownership subject to approval--Standards applied.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1978, ch 302, § 18; SL 1991, ch 349, § 17; SL 2005, ch 229, § 4.

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