42-7A-43. Background investigation of video lottery licensees--Eligibility requirements.
Any person licensed as a video lottery machine manufacturer, distributor, operator, or lottery retailer shall submit to a background investigation. This includes each partner of a partnership and each director and officer and all stockholders of five percent or more in a parent or subsidiary corporation of a video lottery machine manufacturer, distributor, operator, or lottery retailer. A video lottery machine manufacturer or distributor shall meet the same requirements of subdivisions 42-7A-13(1) to (4), inclusive, and §42-7A-14. A video lottery machine operator shall meet the same requirements of §§42-7A-13 and 42-7A-14, in addition to being a resident of the State of South Dakota and, if a partnership or corporation, the majority of ownership interest shall be held by residents of the state or by a public company or its subsidiary licensed as a video lottery machine operator pursuant to chapter 42-7A prior to January 1, 1997, and traded on any market regulated or recognized by the United States Securities and Exchange Commission. A copy of any disclosure statement involving ownership of the public company required to be filed with the United States Securities and Exchange Commission shall be filed with the lottery commission. A lottery retailer shall meet the same requirements of §§42-7A-13 and 42-7A-14. Any applicant for any license under this chapter has the burden of proving his or her qualifications to the satisfaction of the commission and executive director. The commission may adopt rules pursuant to chapter 1-26 to establish additional requirements to preserve the integrity and security of the lottery.
Source: SL 1989, ch 368, §22; SL 1993, ch 317, §10; SL 1997, ch 242, §1.
Structure South Dakota Codified Laws
Title 42 - Recreation and Sports
Section 42-7A-1 - Definitions.
Section 42-7A-3 - Executive director--Salary--Employment of personnel.
Section 42-7A-4 - Functions of executive director.
Section 42-7A-5 - Competitive bidding required before entering into contracts.
Section 42-7A-6 - Investigation of vendors.
Section 42-7A-7 - Subpoenas--Order to comply--Punishment by contempt.
Section 42-7A-8 - Additional functions of executive director.
Section 42-7A-10 - Selection of lottery retailers.
Section 42-7A-13 - Qualifications of lottery retailer.
Section 42-7A-15 - Partnership as lottery retailer or video lottery machine operator.
Section 42-7A-16 - Association or corporation as lottery retailer or video lottery machine operator.
Section 42-7A-18 - Meetings--Quorum.
Section 42-7A-19 - Commission to establish lottery operation policy--Approval of major procurements.
Section 42-7A-19.1 - Sale of lottery products within exterior boundaries of Indian reservations.
Section 42-7A-20 - Mileage and per diem paid commission members--Exception.
Section 42-7A-21 - Rules and regulations.
Section 42-7A-24 - Transfer of net proceeds to state funds.
Section 42-7A-24.2 - Payment of expenditures.
Section 42-7A-25 - Employment and direction of investigative personnel.
Section 42-7A-26 - Appointment of assistant attorney general to assist in enforcement.
Section 42-7A-30 - Counterfeiting lottery tickets Class 6 felony.
Section 42-7A-33 - Purchase of ticket or payment of prize to certain persons prohibited--Exceptions.
Section 42-7A-37 - Requirements for licensed video lottery machines.
Section 42-7A-37.1 - Restrictions on licensed establishment.
Section 42-7A-38 - Limit on amount played and awards given.
Section 42-7A-39 - Display of license for video lottery machine--Confiscation--Violation as felony.
Section 42-7A-41.1 - Video lottery operating fund established.
Section 42-7A-41.2 - Posting video lottery odds required.
Section 42-7A-42 - Multiple types of licenses prohibited.
Section 42-7A-43 - Background investigation of video lottery licensees--Eligibility requirements.
Section 42-7A-44.1 - Denial or revocation of license for noncompliance.
Section 42-7A-46 - Tampering with video lottery machine as misdemeanor.
Section 42-7A-47 - Manipulating outcome, payoff, or operation of video lottery machine as felony.
Section 42-7A-48 - Age limit and legal hours of operation for video lottery machines.
Section 42-7A-49 - Lottery products on Indian reservations authorized.
Section 42-7A-50 - Confidentiality of lottery records.
Section 42-7A-51 - Lottery setoff program established--Computerized file of persons owing state.
Section 42-7A-53 - Commission, employees, and lottery discharged from liability.
Section 42-7A-54 - Apportionment of prize among agencies--Priority of child support payments.
Section 42-7A-55 - Collection of remainder of debt.
Section 42-7A-56 - Public policy declared.
Section 42-7A-57 - Approval or disapproval of license applications.
Section 42-7A-58 - Reapplication for license after denial or revocation.
Section 42-7A-59 - False statements in license applications--Perjury.
Section 42-7A-60 - Executive or closed meetings permitted.
Section 42-7A-62 - Collection of fee--Deposit in general fund.