South Dakota § 13-63-29 Chapter does not establish guarantees.

South Dakota Statutes

§ 13-63-29 — Chapter does not establish guarantees.

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

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.

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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.

South Dakota § 13-63-29 (Chapter does not establish guarantees.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.