There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 13 EDUCATION
Chapter 55E. Advance Payment of Higher Education Costs
§13-55E-5 Limitation on tuition benefits in excess of resident tuition costs.
SD Codified L § 13-55E-5 (through 2011) What's This?
13-55E-5. Limitation on tuition benefits in excess of resident tuition costs. The advance payment contract shall prohibit payment of and the executive director may not pay tuition benefit in excess of resident tuition costs if the:
(1) Purchaser entered into the advance payment contract under an option specified by subdivision 13-55E-4(2); or
(2) Beneficiary is determined a resident for tuition purposes by the appropriate institution of higher education at the time of enrollment and the purchaser entered into the advance payment contract under an option specified by subdivision 13-55E-4(2).
Source: SL 1994, ch 145, § 5.
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