The licensee of each horse racing track shall withhold and retain at the end of each week of racing, as additional compensation to the licensee, one and onequarter percent of the total sum contributed.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Source: SL 1972, ch 230, § 2; SDCL Supp, § 42-7-23; SL 1974, ch 281, §§ 2, 5; SL 1976, ch 263; SL 1977, ch 338; SL 1978, ch 302, § 28; SL 1982, ch 295; SL 1983, ch 302, § 2; SL 1985, ch 332, § 2; SL 1989, ch 367, § 7.