There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 3-13A-15 — Beneficiaries of participant\'s account.
3-13A-15. Beneficiaries of participant's account. A participant may designate a beneficiary to receive the participant's benefits under the program in case of the death of the participant. If no beneficiary is designated, the participant's benefits shall be paid as follows:
(1) To the participant's surviving
spouse;
(2) If there is no surviving spouse, then
to all surviving children of the participant, irrespective of age,
on a share-alike basis; or
(3) If there is no surviving spouse and
there are no surviving children, then to the participant's
estate.
Source: SL 2004, ch 43, § 14; SDCL, § 3-12-178; SL 2005, ch 28, § 1.
Source: SL 2004, ch 43, § 14; SDCL, § 3-12-178; SL 2005, ch 28, § 1.
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