S.D. Admin. R. 67:46:05:27

Current through Register Vol. 51, page 67, December 16, 2024
Section 67:46:05:27 - Conversion or sale of recipient's resource

The conversion or sale of a recipient's resource may not be considered as income. The changed resource, whether liquid or nonliquid in nature, is a resource subject to all the resource criteria for continuing eligibility and is considered a countable resource in the month following the month in which the conversion occurred.

S.D. Admin. R. 67:46:05:27

2 SDR 74, effective 5/13/1976; 7 SDR 23, effective 9/18/1980; 7 SDR 66, 7 SDR 89, effective 7/1/1981; 8 SDR 170, effective 6/21/1982; 9 SDR 133, effective 4/27/1983; transferred from

General Authority: SDCL 28-6-1.

Law Implemented: SDCL 28-6-1.