South Dakota § 34-12-41 Entrance fee defined.

South Dakota Statutes

§ 34-12-41 — Entrance fee defined.

South Dakota § 34-12-41

Title 34PUBLIC HEALTH AND SAFETY

Ch. 34-11BREGULATION OF HOSPITALS AND RELATED INSTITUTIONS

This text of South Dakota § 34-12-41 (Entrance fee defined.) 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 § 34-12-41 (2026).

Text

For the purposes of §§ 34-12-40 to 34-12-47 , inclusive, an entrance fee is an initial or deferred transfer to a provider of a sum of money, or other property, made or promised to be made, as a full or partial consideration for acceptance of the person in the facility under a continuing care agreement, if the amount exceeds five thousand dollars or the sum of periodic charges for three months of residency, whichever is greater.

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For the purposes of §§ 34-12-40 to 34-12-47 , inclusive, an entrance fee is an initial or deferred transfer to a provider of a sum of money, or other property, made or promised to be made, as a full or partial consideration for acceptance of the person in the facility under a continuing care agreement, if the amount exceeds five thousand dollars or the sum of periodic charges for three months of residency, whichever is greater.