South Dakota Statutes

§ 3-12C-1510 — Exemption from Title 58 and from securities and agent registration.

South Dakota·Title 3 PUBLIC OFFICERS AND EMPLOYEES·Ch. 3-12B SOUTH DAKOTA RETIREMENT SYSTEM
While performing their official duties under the provisions of §§ 3-12C-1501 to , inclusive, the board, the employees of the system, the system's actuary, the State Investment Council, and the employees of the State Investment Council are exempt from the provisions of Title 58 and any associated provisions of state law. Supplemental pension benefits and supplemental pension contracts are exempt from the provisions of Title 58. To the extent that supplemental pension contracts may be deemed to be securities, they are exempt from securities registration pursuant to subdivision 47-31B-201(1). While performing their official duties under the provisions of §§ 3-12C-1501 to , inclusive, the board, the employees of the system, the system's actuary, the State Investment Council, and the employees

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South Dakota § 3-12C-1510 (Exemption from Title 58 and from securities and agent registration.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2008, ch 24, § 11; SDCL §

Nearby Sections

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