S.D. Admin. R. 20:18:20:07 - Use of chips and tokens

A licensee using chips or tokens must do the following:

(1) Comply with all applicable statutes and rules of the State of South Dakota and of the United States relating to chips or tokens;
(2) Sell chips and tokens only to patrons of its establishment and only at their request;
(3) Promptly redeem its own chips and tokens from its patrons;
(4) Post conspicuous signs notifying patrons that federal law prohibits the use of the licensee's tokens and chips outside the establishment for any monetary purpose; and
(5) Take reasonable steps, including examining chips and tokens and segregating those issued by other licensees, to prevent sales to its patrons of chips and tokens issued by another licensee.

A licensee may not accept chips or tokens as payment for goods or services other than gaming and may not get chips or tokens as change in any other transaction.

Notes

S.D. Admin. R. 20:18:20:07
16 SDR 157, effective October 1, 1989; 20 SDR 113, effective January 23, 1994.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-1, 42-7B-2, 42-7B-3, 42-7B-4, 42-7B-7, 42-7B-11, 42-7B-14, 42-7B-15.

18 U.S.C. ยง 494, Tokens or paper used as money.

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.