<html> <head> <title>Rule 48:02:06:04 Penalty for late payment or insufficient funds payment.</title> <META NAME="Keywords" Content="Administrative Rules 48:02:06:04"> <META NAME="Description" Content="Administrative Rules 48:02:06:04 Penalty for late payment or insufficient funds payment."> <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>48:02:06:04.&nbsp;&nbsp;Penalty for late payment or insufficient funds payment.</b> Operators shall maintain a balance in their account in an amount to cover the state's percentage of net machine income drawn by the lottery on the dates set forth in §&nbsp;48:02:06:02. Failure to maintain a balance in the account as required in this section shall result in the assessment of an interest penalty pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7A-45">42-7A-45.</A> Failure to remit full payment, including interest penalties, prior to the next payment date may result in license suspension or revocation, the imposition of civil fines, or machine disablement in preventing further play.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 16 SDR 27, effective August 18, 1989.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7A-4">42-7A-4(6)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7A-4">42-7A-4(12)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7A-8">42-7A-8(9).</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=42-7A-8">42-7A-8(9)</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=42-7A-21">42-7A-21(14).</A></p> </div> </body> </html>