South Dakota § 3-13A-12 Transfer of funds from terminated investment selection.

South Dakota Statutes

§ 3-13A-12 — Transfer of funds from terminated investment selection.

South Dakota § 3-13A-12

Title 3PUBLIC OFFICERS AND EMPLOYEES

Ch. 3-12BSOUTH DAKOTA SPECIAL PAY RETIREMENT PROGRAM

This text of South Dakota § 3-13A-12 (Transfer of funds from terminated investment selection.) 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 § 3-13A-12 (2026).

Text

If a contract between the state investment officer and a vendor is terminated and a participant fails to notify the executive director or third-party administrator of the participant's new investment selection before the contract terminates, the executive director or third-party administrator shall transfer that participant's account to the investment alternative designated by the state investment officer.

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If a contract between the state investment officer and a vendor is terminated and a participant fails to notify the executive director or third-party administrator of the participant's new investment selection before the contract terminates, the executive director or third-party administrator shall transfer that participant's account to the investment alternative designated by the state investment officer.