There is imposed a nonrefundable license stamp fee upon each gaming device located on a licensed premises. The annual fee for this stamp is two thousand dollars. The license stamp expires July first of each year. All license stamp fees shall be paid directly to the commission on forms adopted by the commission. The commission may approve the transfer of a license stamp to another gaming device or to another operator without requiring the payment of an additional fee.
S.D. Codified Laws § 42-7B-23
Annual license stamp fee--Transfer of license stamp
Applied in 1 court decision — leading case Black Hills Novelty Co. v. South Dakota Commission on Gaming (1994)
Most recently applied in Black Hills Novelty Co. v. South Dakota Commission on Gaming (August 1994)
Source: SL 1989, ch 374, § 21; SL 1993, ch 321, § 5.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.