S.D. Admin. R. 62:03:04:04

Current through Register Vol. 51, page 67, December 16, 2024
Section 62:03:04:04 - Transfer of funds

Subject to any limitations imposed by a vendor or by a third-party administrator, a participant may elect to transfer any portion of the account balance from one offered investment alternative to another at any time, provided notice is given to the third-party administrator. Any costs associated with such a transfer shall be borne by the participant and shall be deducted from the account.

S.D. Admin. R. 62:03:04:04

14 SDR 57, effective 10/18/1987; 14 SDR 95, effective 1/10/1988; 24 SDR 160, effective 5/24/1998.

General Authority: SDCL 3-13-54.

Law Implemented: SDCL 3-13-53, 3-13-54.