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          20:04:21:24.  Information required in partnership papers. Partnership papers shall set forth the following:

          (1)  The name and address of every person having an interest in the horse or horses involved;

          (2)  The relative proportions of such interests;

          (3)  To whom the winnings are payable;

          (4)  In whose name the horse or horses shall run;

          (5)  With whom the power of entry and declaration rests;

          (6)  The terms of any contingency, lease, or other arrangement.

          Source: 5 SDR 87, effective April 15, 1979; transferred from ยง 20:04:06:09, 9 SDR 122, effective March 31, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

          General Authority:SDCL 42-7-56.

          Law Implemented:SDCL 42-7-56.

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