S.D. Admin. R. 20:18:36.27.01

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:18:36.27.01 - Suspension of account - Effect

Upon suspension of an account, the advance deposit wagering licensee shall:

(1) Prevent the account holder from wagering;

(2) Prevent the account holder from depositing funds, unless the account is suspended due to having a negative account balance, but only to the extent the account balance is brought back to zero dollars;

(3) Prevent the account holder from withdrawing funds from the holder's account, the licensee acknowledges that the funds have cleared, and that the reason or reasons for suspension would not prohibit a withdrawal;

(4) Prevent the account holder from making changes to his or her account;

(5) Prevent the removal of the account from the system; and

(6) Prominently display to the account holder that the account is in a suspended mode, the restrictions placed on the account, and any further course of action needed to remove the suspended mode.

S.D. Admin. R. 20:18:36.27.01

48 SDR 061, effective 12/8/2021

General Authority: SDCL 42-7B-7, 42-7B-11(13).

Law Implemented: SDCL 42-7B-77.