There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 3 PUBLIC OFFICERS AND EMPLOYEES
Chapter 13A. South Dakota Special Pay Retirement Program
§3-13A-12 Transfer of funds from terminated investment selection.
SD Codified L § 3-13A-12 (through 2011) What's This?
3-13A-12. Transfer of funds from terminated investment selection. If a contract between the state investment officer and a vendor is terminated and a participant fails to notify the administrator or third-party administrator of the participant's new investment selection before the contract terminates, the administrator or third-party administrator shall transfer that participant's account to the investment alternative designated by the state investment officer.
Source: SL 2004, ch 43, § 11; SDCL, § 3-12-175; SL 2005, ch 28, § 1.
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