South Dakota Statutes
§ 3-12C-220 — Diversion of funds prohibited--Legislative policy.
South Dakota § 3-12C-220
This text of South Dakota § 3-12C-220 (Diversion of funds prohibited--Legislative policy.) 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 § 3-12C-220 (2026).
Text
In order to ensure employee confidence in the preservation and management of the South Dakota Retirement System, it is legislative policy that there should be no legislative enactment nor administrative action which would have the effect, directly or indirectly, of diverting any funds of the system to any purpose other than the administration and support of the benefits of members of the system.
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Legislative History
SL 1990, ch 34; SDCL §
Nearby Sections
15
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Bluebook (online)
South Dakota § 3-12C-220, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/3-12C-220.