S.D. Admin. R. 50:01:02:31

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

Section 50:01:02:31 - Disposition of assets

Upon dissolution or inactivation of the open mess, the board of governors with the AAGAR shall determine the disposition of assets of the open mess in such a manner as to best effect a maximum recoupment of assets, which shall be placed in the open mess fund.

SL 1975, ch 16, § 1; 12 SDR 151, 12 SDR 154, effective 7/1/1986.

General Authority: SDCL 33-11-12.

Law Implemented: SDCL 33-11-12.