There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 13 EDUCATION
Chapter 63. Higher Education Savings Plan
§13-63-29 Chapter does not establish guarantees.
SD Codified L § 13-63-29 (through 2011) What's This?
13-63-29. Chapter does not establish guarantees. Nothing in this chapter establishes any obligation of this state or any agency or instrumentality of this state to guarantee for the benefit of any account owner, contributor to an account, or designated beneficiary any of the following:
(1) The return of any amounts contributed to an account;
(2) The rate of interest or other return on any account;
(3) The payment of interest or other return on any account; or
(4) Tuition rates or the cost of related higher education expenditures.
Source: SL 2001, ch 97, § 29.
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