<html> <head> <title>Rule 20:04:21:01.01 Ownership.</title> <META NAME="Keywords" Content="Administrative Rules 20:04:21:01.01"> <META NAME="Description" Content="Administrative Rules 20:04:21:01.01 Ownership."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:04:21:01.01.&nbsp;&nbsp;Ownership.</b> An interest in the winnings of a horse does not constitute part ownership of that horse. A husband and wife acting together are considered one owner, but each spouse must have a separate owner's license.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 5 SDR 87, effective April 15, 1979; 8 SDR 94, effective February 14, 1982; transferred from §&nbsp;20:04:02:01, 9 SDR 122, effective March 31, 1983; 11 SDR 138, 11 SDR 143, effective April 21, 1985; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 13 SDR 95, effective January 11, 1987; 13 SDR 144, effective April 12, 1987; 14 SDR 126, effective April 3, 1988; transferred from subdivision 20:04:16:01(28), 15 SDR 150, effective April 15, 1989; 17 SDR 113, effective February 5, 1991.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7-56">42-7-56.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7-56">42-7-56(12)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7-67">42-7-67.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-Reference:</b> Definition of owner, §&nbsp;20:04:31:01(44).</p> </div> </body> </html>