South Dakota Statutes

§ 13-55E-9 — Expenditures from fund--Administration costs and fees.

South Dakota § 13-55E-9
JurisdictionSouth Dakota
Title 13EDUCATION
Ch. 13-55EADVANCE PAYMENT OF HIGHER EDUCATION COSTS

This text of South Dakota § 13-55E-9 (Expenditures from fund--Administration costs and fees.) 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-9 (2026).

Text

Expenditures from the fund established under § 13-55E-8 shall be for payments to institutions of higher education on behalf of beneficiaries, payments of refunds and direct payment of benefits in accordance with § 13-55E-10 and for costs of administering this chapter. Administration fees shall be specified by contract and may not exceed two percent of investment earnings accruing to the fund.

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Legislative History

SL 1994, ch 145, § 9.

Nearby Sections

15
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Bluebook (online)
South Dakota § 13-55E-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/13-55E-9.