South Dakota § 13-63-28 Limitations of chapter.

South Dakota Statutes

§ 13-63-28 — Limitations of chapter.

South Dakota·Title 13 EDUCATION·Ch. 13-60 HIGHER EDUCATION SAVINGS PLAN

Nothing in this chapter:

(1)Gives any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner;

(2)Guarantees that a designated beneficiary will be admitted to an eligible education institution or be allowed to continue enrollment at or graduate from an eligible education institution after admission;

(3)Establishes state residency for an individual merely because the individual is a designated beneficiary; or (4) Guarantees that amounts saved pursuant to the program will be sufficient to cover the qualified higher education expenses of a designated beneficiary.

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Nothing in this chapter: (1) Gives any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner; (2) Guarantees that a designated beneficiary will be admitted to an eligible education institution or be allowed to continue enrollment at or graduate from an eligible education institution after admission; (3) Establishes state residency for an individual merely because the individual is a designated beneficiary; or (4) Guarantees that amounts saved pursuant to the program will be sufficient to cover the qualified higher education expenses of a designated beneficiary.

South Dakota § 13-63-28 (Limitations of chapter.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.