S.D. Admin. R. 20:18:17:24.16

Current through Register Vol. 51, page 57, November 12, 2024
Section 20:18:17:24.16 - Cash requirements

Unless the commission has approved the payment of prizes by annuity, a licensee who has a progressive slot machine must maintain a minimum cash reserve equal to the total of all progressive slot machine jackpots that may be won at the location. The commission must approve all the cash reserves.

S.D. Admin. R. 20:18:17:24.16

16 SDR 233, effective 7/1/1990; 50 SDR 145, effective 6/11/2024

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-1, 42-7B-2, 42-7B-2.1, 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.