S.D. Codified Laws § 58-18-94

Current through the 2024 Legislative Session
Section 58-18-94 - Application of provisions regarding multiple employer trusts-Inclusion of large and small employers

The provisions of this chapter regarding multiple employer trusts do not apply to any single employer self-funded plan as preempted by Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1144 or any arrangement exempted pursuant to § 1-24-17. An authorized self-funded multiple employer trust may include as participating employers both small employers and large employers.

SDCL 58-18-94

SL 2005, ch 272, §8; SL 2019, ch 212, §11.
Amended by S.L. 2019, ch. 212,s. 11, eff. 7/1/2019.