Section 43-45-15 - Legislative intent. - South Dakota Statutes

43-45-15. Legislative intent. The Legislature of the State of South Dakota hereby declares that §§ 43-45-16 to 43-45-18, inclusive, is for the purpose of absolutely exempting certain retirement benefits in a reasonable amount from all process, levy, or sale pursuant to the S.D. Const., Art. XXI, § 4. The Legislature hereby finds §§ 43-45-16 to 43-45-18, inclusive, is necessary to insure that a debtor enjoys the comforts and necessities of life during retirement years.

Source: SL 1997, ch 250, § 1.