S.D. Admin. R. 67:46:05:12

Current through Register Vol. 51, page 57, November 12, 2024
Section 67:46:05:12 - Compensation for resource

The compensation for a resource includes all money, real or personal property, food, shelter, or services received by the individual or eligible spouse at or after the time of transfer in exchange for the resource only if the compensation was provided pursuant to a binding and legally enforceable agreement in effect at the time of the transfer. Compensation also includes all money, real or personal property, food, shelter, or services received prior to the actual transfer if they were provided pursuant to a written, binding and legally enforceable agreement in effect at the time the compensation for the resource is provided whereby the eligible individual would transfer the resource or otherwise pay for such items.

S.D. Admin. R. 67:46:05:12

17 SDR 187, effective 6/3/1991; transferred from § 67:16:20:02.07, effective 8/23/1992; 41 SDR 93, effective 12/3/2014.

General Authority: SDCL 28-6-1.

Law Implemented: SDCL 28-6-1.