South Dakota Statutes

§ 42-7A-16 — Association or corporation as lottery retailer or video lottery machine operator.

South Dakota·Title 42 RECREATION AND SPORTS·Ch. 42-6 STATE LOTTERY
For an association or corporation to be selected as a lottery retailer or video lottery machine operator, the association or corporation shall meet the requirements of subdivisions 42-7A-13(3) and (4), and each officer and director and each stockholder who owns five percent or more of the stock of such association or corporation shall meet the requirements of subdivisions 42-7A-13(1) and (2) and subdivisions 42-7A-14(1) to (5), inclusive.

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South Dakota § 42-7A-16 (Association or corporation as lottery retailer or video lottery machine operator.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1987, ch 313, § 16; SL 1989, ch 368, § 8; SL 1993, ch 317, § 7.

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