S.D. Admin. R. 20:06:04:21

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:06:04:21 - Gifts

Any acquisition or disposition of securities by way of gift, where the total amount of such gifts does not exceed $3,000 in market value for any 6-month period, shall be exempt from SDCL 58-5-69 and may be excluded from the computations prescribed in subdivision 20:06:04:20(2).

S.D. Admin. R. 20:06:04:21

4 SDR 6, effective 8/9/1977; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 58-5-77.

Law Implemented: SDCL 58-5-69.