S.D. Admin. R. 20:18:20:08

Current through Register Vol. 51, page 57, November 12, 2024

Section 20:18:20:08 - Redemption

A licensee may not redeem its chips or tokens if presented by a person who the licensee knows or reasonably should know is not a patron of its establishment unless they are presented as follows:

(1) By another licensee who represents that it redeemed the chips and tokens from its patrons or received them unknowingly, inadvertently, or unavoidably;

(2) By an employee of the licensee who presents the chips and tokens in the normal course of employment; or

(3) By a person engaged in the business of collecting from licensees chips and tokens issued by other licensees and presenting them to the issuing licensees for redemption.

S.D. Admin. R. 20:18:20:08

16 SDR 157, effective 10/1/1989.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-1, 42-7B-2, 42-7B-3, 42-7B-4, 42-7B-7, 42-7B-11, 42-7B-14, 42-7B-15.