Can you summarize SDAR Chapter 20:04:27?
The provided legal document content governs the penalties for violations of rules related to medication or drugs in horses in the context of horse racing. It applies to trainers in horse racing. The penalties for violations are based on the penalty guidelines established in the Association of Racing Commissioners International Uniform Classification Guidelines Version 14.4. Trainers who receive penalties for medication violations based on a horse testing positive for a drug are assigned points based on the penalty class.
Can you summarize SDAR Chapter 20:04:28?
The provided legal document content pertains to the powers, hearings, fines, suspensions, and appeals of stewards in the context of the Gaming Commission - Racing (Revenue) in South Dakota. According to the document, stewards have the authority to require licensed persons assigned to the position of stewards to undergo various examinations to determine their ability to perform their duties. These examinations may include medical examinations, chemical analysis, or the drawing of blood.
Can you summarize SDAR Chapter 20:04:29?
This legal document governs the licenses and licensing procedures for horse racing associations in South Dakota. It applies to associations that are applying for a license from the commission. The associations are required to provide the names of all directors, officers, and stockholders, along with photographs of each officer and director. They must also disclose the percentage of stock owned by each stockholder. Additionally, the associations must provide the names of the racing officials 30 days before the race meeting.
Can you summarize SDAR Chapter 20:04:30?
The document governs the conduct of superfecta pool and wagering in pari-mutuel racing meetings conducted by associations licensed by the commission. It specifies that after deduction of a commission and breakage, a pari-mutuel pool shall be redistributed to the winning contributors. Each association must redistribute not less than $1.10 on each $1.00 wager, even in the case of a minus pool. Violation of this rule may result in the revocation of the license.
Can you summarize SDAR Chapter 20:04:31?
The document contains definitions for various terms used in the Administrative Rules of South Dakota related to the Gaming Commission - Racing (Revenue). These definitions help ensure clarity and consistency in the interpretation and application of the rules and regulations related to gaming and racing in South Dakota. The definitions apply to individuals and entities involved in gaming and racing activities in South Dakota, including breeders, owners, trainers, jockeys, kennel operators, licensees, and South Dakota residents.
Can you summarize SDAR Chapter 20:04:32?
The provided legal document content pertains to satellite wagering under the Administrative Rules of South Dakota for the Gaming Commission - Racing (Revenue). It governs various aspects of satellite wagering, including testing of broadcast systems, record-keeping requirements, reconciliation of racing accounts, payment of fees and deductions, ticket claims and sales, reporting of daily handle, cashing of satellite tickets, retention of buy-in proceeds, approval of handicapping tournaments, video display requirements, reporting of tournament results, display of race program, post time display, reporting of problems or delays, availability of replacement equipment, addressing patron complaints, reporting violations, ticket requirements, employee wagering restrictions, and provision of television or video monitors.
Can you summarize SDAR Chapter 20:04:33?
The provided legal document content covers various aspects of multi-jurisdictional totalizator hubs, including confidentiality of information, licensing requirements, maintenance of records, end-of-day reports, prohibited practices, and penalties for non-compliance. The documents apply to hub licensees, account holders, hub personnel, shareholders, partners, and individuals involved in pari-mutuel wagering or employed by a facility licensed by the commission. No specific exemptions are mentioned. Penalties for non-compliance include disciplinary action, suspension or revocation of license, fines, exclusion from employment or participation in pari-mutuel wagering, and denial of license.
Can you summarize SDAR Chapter 20:07:02?
The provided legal document outlines the procedure for filing a petition for declaratory ruling with the South Dakota State Banking Commission. It applies to individuals or entities seeking a ruling on the applicability of a statutory provision, rule, or order issued by the commission. The petitioner must provide the relevant statute, rule, or order, along with the facts and circumstances giving rise to the issue. The commission will issue a declaratory ruling in response to the precise issue presented.
Can you summarize SDAR Chapter 20:07:03?
This legal document, part of the Administrative Rules of South Dakota, pertains to the internal management of banks. It authorizes banks to purchase or hold certain investments, including stock in federal home loan banks and revenue bonds issued by the United States, states, territories, political subdivisions, public agencies, or instrumentalities. Banks are also allowed to acquire securities through foreclosure or compromise, use interest rate future contracts as a hedge, invest in corporate debt obligations with top three ratings, participate in export programs, and purchase annuities within specified limits.
Can you summarize SDAR Chapter 20:07:06?
This legal document, sourced from the Administrative Rules of South Dakota, pertains to the examination fee schedule for state-chartered banks and non-depository banks. State-chartered banks are required to pay a semiannual fee for examinations based on their total assets. The fee rates vary depending on the value of assets, with different rates applied to different asset ranges. Non-depository banks are also subject to an additional semiannual fee of $500. The Division of Banking in South Dakota maintains a fee calculator on its website to determine the examination fee owed by each bank.