S.D. Admin. R. 20:18:06:09

Current through Register Vol. 51, page 57, November 12, 2024
Section 20:18:06:09 - Regulation of ownership interests

The executive secretary shall require an applicant or a person owning an interest in a license to complete an application requiring background information, source of funding, and a sworn statement that the person is not holding the person's interest for another party. The commission may require an applicant or a person owning less than five percent of an interest in a license to undergo a full background investigation.

S.D. Admin. R. 20:18:06:09

16 SDR 57, effective 10/1/1989; 50 SDR 145, effective 6/11/2024

General Authority: SDCL 42-7B-11.

Law Implemented: SDCL 42-7B-1, 42-7B-2, 42-7B-3, 42-7B-7, 42-7B-11, 42-7B-18, 42-7B-19, 42-7B-20, 42-7B-21, 42-7B-22, 42-7B-24, 42-7B-25, 42-7B-27.