South Dakota § 13-63-8 Termination of contract for good cause--Transfer of accounts.

South Dakota Statutes

§ 13-63-8 — Termination of contract for good cause--Transfer of accounts.

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

The council may terminate a contract with a financial institution at any time for good cause. If a contract is terminated, the council shall take custody of accounts held at that financial institution and shall seek to promptly transfer the accounts to another financial institution that is selected as a program manager and into investment instruments as similar to the original investments as possible.

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The council may terminate a contract with a financial institution at any time for good cause. If a contract is terminated, the council shall take custody of accounts held at that financial institution and shall seek to promptly transfer the accounts to another financial institution that is selected as a program manager and into investment instruments as similar to the original investments as possible.

South Dakota § 13-63-8 (Termination of contract for good cause--Transfer of accounts.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.