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Section 42-7B-23 - Annual license stamp fee--Transfer of license stamp.

42-7B-23. Annual license stamp fee--Transfer of license stamp. There is imposed a nonrefundable license stamp fee upon each gaming device located on a licensed premises. The annual fee for this stamp is two thousand dollars. The license stamp expires July first of each year. All license stamp fees shall be paid directly to the commission on forms adopted by the commission. The commission may approve the transfer of a license stamp to another gaming device or to another operator without requiring the payment of an additional fee.

Source: SL 1989, ch 374, § 21; SL 1993, ch 321, § 5.

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