Statutes, codes, and regulations
South Dakota Codified Laws
Title 3 - PUBLIC OFFICERS AND EMPLOYEES
Chapter 13 - DEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES
Section 3-13-61 - Required minimum distributions-Reasonable and made in good faith

S.D. Codified Laws § 3-13-61

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Current through the 2024 Legislative Session
Section 3-13-61 - Required minimum distributions-Reasonable and made in good faith

Notwithstanding the provisions of §§ 3-13-58 to 3-13-60, inclusive, or the provisions of United States Treasury regulations, benefit options may continue so long as the option satisfies § 401(a)(9) of the Internal Revenue Code based on a reasonable and good faith interpretation of that section.

SDCL 3-13-61

SL 2021, ch 28, §10.
Added by S.L. 2021, ch. 28,s. 10, eff. 7/1/2021.