S.D. Admin. R. 47:10:03:04

Current through Register Vol. 51, page 71, January 6, 2025

Section 47:10:03:04 - Use of fund restricted

No part of the fund created by SDCL 61-2-15 and this article may be used other than for the benefit of members and their beneficiaries pursuant to the retirement plan and for payment of the necessary expenses to administer the plan.

S.D. Admin. R. 47:10:03:04

16 SDR 54, effective 9/25/1989.

General Authority: SDCL 61-2-15.5.

Law Implemented: SDCL 61-2-15, 61-2-15.5.