South Dakota Statutes

§ 42-7-98.1 — Transfer of revenue in special racing fund--Procedure.

South Dakota § 42-7-98.1
JurisdictionSouth Dakota
Title 42RECREATION AND SPORTS
Ch. 42-6HORSE AND DOG RACING

This text of South Dakota § 42-7-98.1 (Transfer of revenue in special racing fund--Procedure.) 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 § 42-7-98.1 (2026).

Text

The state treasurer shall transfer the first seventy - five thousand dollars received in a special racing fund to the special racing revolving fund and any amounts received during any year in excess of seventy - five thousand dollars shall be transferred as follows:

(1)One - half of the remaining revenue shall be transferred to the South Dakota - bred racing fund;
(2)The other one - half of the remaining revenue shall be transferred to the special racing revolving fund. All transfers by the state treasurer except for the transfer on April 1, 1991, shall be made on a monthly basis on the first day of the month or as soon thereafter as is reasonably possible.

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Legislative History

SL 1991, ch 349, § 37.

Nearby Sections

15
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Bluebook (online)
South Dakota § 42-7-98.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/42-7-98.1.