Section 42-7-58.1 - Satellite facilities of horse or dog track licensees. - South-dakota Statutes

State Codes and Statutes

Statutes > South-dakota > Title-42 > Chapter-07 > Statute-42-7-58-1

42-7-58.1. Satellite facilities of horse or dog track licensees. The commission may allow licensees approved by the commission to collect and disburse money under the certificate system at locations other than where licensed races are conducted if the satellite locations are more than fifty miles away from any pari-mutuel horse track or dog track licensed by the commission which is conducting a race meet at that time or if the pari-mutuel horse or dog track agrees to the operation of such a location within the fifty mile radius. The special racing fund shall receive one and one-half percent of the total amount contributed from the satellite location, and the special racing revolving fund in the Office of the State Treasurer and the South Dakota bred racing fund shall each receive one and one-half percent of the total amount contributed, with the remaining amount of the contribution withheld at the satellite location to be retained by the licensees. No other deductions may be made from the amount withheld by the licensee at the satellite location. Satellite facilities may receive contributions between the hours of 9:00 a.m. and 1:00 a.m.

Source: SL 1985, ch 331, § 1; SL 1987, ch 309; SL 1989, ch 367, § 1; SL 1991, ch 349, § 12; SL 1994, ch 328, § 1; SL 1995, ch 240, § 1; SL 2000, ch 212, § 2.

State Codes and Statutes

Statutes > South-dakota > Title-42 > Chapter-07 > Statute-42-7-58-1

42-7-58.1. Satellite facilities of horse or dog track licensees. The commission may allow licensees approved by the commission to collect and disburse money under the certificate system at locations other than where licensed races are conducted if the satellite locations are more than fifty miles away from any pari-mutuel horse track or dog track licensed by the commission which is conducting a race meet at that time or if the pari-mutuel horse or dog track agrees to the operation of such a location within the fifty mile radius. The special racing fund shall receive one and one-half percent of the total amount contributed from the satellite location, and the special racing revolving fund in the Office of the State Treasurer and the South Dakota bred racing fund shall each receive one and one-half percent of the total amount contributed, with the remaining amount of the contribution withheld at the satellite location to be retained by the licensees. No other deductions may be made from the amount withheld by the licensee at the satellite location. Satellite facilities may receive contributions between the hours of 9:00 a.m. and 1:00 a.m.

Source: SL 1985, ch 331, § 1; SL 1987, ch 309; SL 1989, ch 367, § 1; SL 1991, ch 349, § 12; SL 1994, ch 328, § 1; SL 1995, ch 240, § 1; SL 2000, ch 212, § 2.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > South-dakota > Title-42 > Chapter-07 > Statute-42-7-58-1

42-7-58.1. Satellite facilities of horse or dog track licensees. The commission may allow licensees approved by the commission to collect and disburse money under the certificate system at locations other than where licensed races are conducted if the satellite locations are more than fifty miles away from any pari-mutuel horse track or dog track licensed by the commission which is conducting a race meet at that time or if the pari-mutuel horse or dog track agrees to the operation of such a location within the fifty mile radius. The special racing fund shall receive one and one-half percent of the total amount contributed from the satellite location, and the special racing revolving fund in the Office of the State Treasurer and the South Dakota bred racing fund shall each receive one and one-half percent of the total amount contributed, with the remaining amount of the contribution withheld at the satellite location to be retained by the licensees. No other deductions may be made from the amount withheld by the licensee at the satellite location. Satellite facilities may receive contributions between the hours of 9:00 a.m. and 1:00 a.m.

Source: SL 1985, ch 331, § 1; SL 1987, ch 309; SL 1989, ch 367, § 1; SL 1991, ch 349, § 12; SL 1994, ch 328, § 1; SL 1995, ch 240, § 1; SL 2000, ch 212, § 2.