South Dakota § 13-55E-4 Specification of payment options.

South Dakota Statutes

§ 13-55E-4 — Specification of payment options.

South Dakota § 13-55E-4

Title 13EDUCATION

Ch. 13-55EADVANCE PAYMENT OF HIGHER EDUCATION COSTS

This text of South Dakota § 13-55E-4 (Specification of payment options.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 13-55E-4 (2026).

Text

The advance payment contract shall specify one of the payment options specified under this section to be required from the purchaser on behalf of the beneficiary. The one - time advance payment shall be made in cash or cash equivalents at the time the contract is signed. The executive director shall annually determine the amount of the one - time advance payment for each of the following payment options:

(1)Not to exceed four academic semesters of resident tuition, room and board at any state - supported university;

(2)Not to exceed four academic semesters of nonresident tuition, room and board at any state - supported university;

(3)Not to exceed four academic semesters of resident tuition at any state - supported university; or (4) Not to exceed four academic semesters of

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The advance payment contract shall specify one of the payment options specified under this section to be required from the purchaser on behalf of the beneficiary. The one - time advance payment shall be made in cash or cash equivalents at the time the contract is signed. The executive director shall annually determine the amount of the one - time advance payment for each of the following payment options: (1) Not to exceed four academic semesters of resident tuition, room and board at any state - supported university; (2) Not to exceed four academic semesters of nonresident tuition, room and board at any state - supported university; (3) Not to exceed four academic semesters of resident tuition at any state - supported university; or (4) Not to exceed four academic semesters of nonresident tuition at any state - supported university.