South Dakota Statutes

§ 42-7-78 — Deduction from pari

South Dakota·Title 42 RECREATION AND SPORTS·Ch. 42-6 HORSE AND DOG RACING
As each horse race is run the licensee shall be authorized to deduct from the total sum contributed on all horses as first winners eighteen and one - quarter percent and the balance remaining on hand after deducting such percentage shall be paid out to the holders of certificates on the winning horse equally in proportion as the amount contributed by such person bears to the total amount contributed toward the entry of all horses in such race to run first.

Free access — add to your briefcase to read the full text and ask questions with AI

South Dakota § 42-7-78 (Deduction from pari) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 53.0503; SL 1949, ch 213; SL 1961, ch 265, § 1; SL 1963, ch 296, § 2; SDCL, § 42-7-19; SL 1969, ch 201; SL 1972, ch 230, § 1; SL 1974, ch 281, § 3; SL 1975, ch 266; SL 1978, ch 302, § 24.

Nearby Sections

15
View on official source ↗