S.D. Admin. R. 67:12:05:47

Current through Register Vol. 51, page 57, November 12, 2024

Section 67:12:05:47 - Interest from savings

In those instances where the applicant or recipient has savings less than the maximum resource limit, interest on the savings is considered unearned income available to the assistance unit at the time it is credited to the account.

S.D. Admin. R. 67:12:05:47

SL 1975, ch 16, § 1; 7 SDR 66, 7 SDR 89, effective 7/1/1981; 13 SDR 193, effective 6/22/1987; 20 SDR 196, effective 5/23/1994.

General Authority: SDCL 28-7-2.

Law Implemented: SDCL 28-7-4.

Maximum resource limit, § 67:12:05:05; Interest from child's savings account excluded, § 67:12:05:78.