20:04:21:19Persons holding beneficial interest.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Each of the persons holding a beneficial interest in the corporation must be in good standing in racing.
Source: 5 SDR 87, effective April 15, 1979; transferred from § 20:04:06:04, 9 SDR 122, effective March 31, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 16 SDR 129, effective February 4, 1990.