ARSD 20:18:17:24.12
ARSD 20:18:17:24.12. Security for payment of annuity, cash, or other prize with cash value exceeding $100,000
Cite as S.D. Admin. R. 20:18:17:24.12
A licensee who is liable for payment of an annuity, cash, or other prize with a cash value exceeding $100,000 must secure the amount of the annuity, cash, or other prize by a cash deposit, a performance bond, or a security instrument nationally recognized in the gaming industry or satisfy the minimum bankroll requirements set forth in § 20:18:12.01:14.