S.D. Admin. R. 62:03:06:04

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

Section 62:03:06:04 - Operation of plan for benefit of participants - Assets held in trust

The plan and its assets, until made available to a participant or a beneficiary, shall be maintained in trust for the sole benefit of the participants of the plan.

S.D. Admin. R. 62:03:06:04

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

General Authority: SDCL 3-13-54.

Law Implemented: SDCL 3-13-53.