S.D. Codified Laws § 3-13A-23.4

Current through the 2024 Legislative Session

Section 3-13A-23.4 - Required minimum distributions-Reasonable and made in good faith

Notwithstanding the provisions of §§ 3-13A-23 to 3-13A-23.1, inclusive, or the provisions of the 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 3-13A-23.4

SL 2021, ch 28, §17.

Added by S.L. 2021, ch. 28,s. 17, eff. 7/1/2021.