S.D. Admin. R. 67:46:05:47

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

Section 67:46:05:47 - Reductions to separate burial funds

The $1,500 amount for separate burial funds allowed by § 67:46:05:45 shall be reduced by the equity value of an irrevocable burial trust, contract, or other irrevocable arrangement which is available to meet the applicant's or recipient's burial expenses and the face value of an insurance policy of $1,500 or less on the applicant's or recipient's life if the policy is owned by the applicant or recipient or the applicant's or recipient's spouse and if the cash surrender value of the policy has been excluded from resources under § 67:46:05:30.

S.D. Admin. R. 67:46:05:47

9 SDR 133, effective 4/27/1983; transferred from

General Authority: SDCL 28-6-1.

Law Implemented: SDCL 28-6-1.

Resource limit, § 67:46:05:30. Separate burial funds excluded from resources, § 67:46:05:45. Life insurance, § 67:46:05:37.