The executive secretary may approve the sale or transfer of slot machines and device stamps between licensed operators if the licensee requesting the sale or transfer submits a request in writing before the transfer. The request must contain the name and address of all licensed operators involved in the transaction and the identification number and commission stamp number of all devices to be exchanged or sold. The executive secretary may disapprove the request if the licensee fails to comply with this section or if in the executive secretary's discretion the sale or transfer could affect the integrity of gaming.
The executive secretary shall inform the commission of the approval or disapproval of the requested transfers at the commission's next meeting. If the executive secretary disapproves a request for transfer, the executive secretary must notify the commission of the reason for disapproval.
S.D. Admin. R. 20:18:17:36
General Authority: SDCL 42-7B-7, 42-7B-11.
Law Implemented: SDCL 42-7B-11(15).