South Dakota Statutes

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

South Dakota § 42-7-65
JurisdictionSouth Dakota
Title 42RECREATION AND SPORTS
Ch. 42-6HORSE AND DOG RACING

This text of South Dakota § 42-7-65 (Transfer of license or stock ownership subject to approval--Standards applied.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 42-7-65 (2026).

Text

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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Legislative History

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

Nearby Sections

15
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Bluebook (online)
South Dakota § 42-7-65, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/42-7-65.