A plan manager shall establish and maintain a special account in a bank or trust company in this state for the deposit of any moneys received. A special account with a bank or trust company doing business in another state may be established upon approval by the commission.
S.D. Admin. R. 20:69:12:29
General Authority: SDCL 36-21A-89, 43-15B-6.
Law Implemented: SDCL 43-15B-3, 43-15B-6.