§ 20:04:21:19

ARSD 20:04:21:19

Persons holding beneficial interest.

Effective Feb 4, 199016 SDR 129Source: 5 SDR 87, effective April 15, 1979; transferred from § 20:04:06:04, 9 SDR 122, effective March 31, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 129, effective February 4, 1990. | General Authority: SDCL 42-7-56(13). | Law Implemented: SDCL 42-7-56(13).

Each of the persons holding a beneficial interest in the corporation must be in good standing in racing.

Source: 5 SDR 87, effective April 15, 1979; transferred from § 20:04:06:04, 9 SDR 122, effective March 31, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 129, effective February 4, 1990.

General Authority: SDCL 42-7-56(13).

Law Implemented: SDCL 42-7-56(13).