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