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Statutes > South Dakota Laws > Title 3 - PUBLIC OFFICERS AND EMPLOYEES > Chapter 13A - South Dakota Special Pay Retirement Program > Section 3-13A-6 - Time for transfer of compensation to trust.

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SOUTH DAKOTA STATUTES AND CODES

Section 3-13A-6 - Time for transfer of compensation to trust.

3-13A-6. Time for transfer of compensation to trust. For the proper administration of the accounts of participants, all amounts of compensation subject to this chapter shall be transferred to the trust not later than fifteen business days after the end of the month in which the compensation otherwise would have been paid to the participant.

Source: SL 2004, ch 43, § 6; SDCL § 3-12-170; SL 2005, ch 28, § 1; SL 2008, ch 20, § 19.

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