The conversion or sale of a recipient's resource may not be considered as income. The changed resource, whether liquid or nonliquid in nature, is a resource subject to all the resource criteria for continuing eligibility and is considered a countable resource in the month following the month in which the conversion occurred.
S.D. Admin. R. 67:46:05:27
General Authority: SDCL 28-6-1.
Law Implemented: SDCL 28-6-1.