S.D. Admin. R. 74:32:01:02

Current through Register Vol. 51, page 67, December 16, 2024
Section 74:32:01:02 - Review of claims - Determination of cash balance in fund

The director shall determine by Thursday of each week all claims for reimbursement that are payable from the fund that week. A claim is determined to be payable when the director approves the proposed findings and establishes the amount of payment. By Thursday of each week, the director shall determine whether there are sufficient moneys available in the fund to cover all claims to be paid that week. If the director determines that the claims to be paid that week would cause the cash balance of the fund to drop below $100,000, the director shall proceed as provided in § 74:32:01:03. If Thursday of any week falls on a state holiday, the actions required by this section shall occur on the next full working day.

S.D. Admin. R. 74:32:01:02

18 SDR 62, effective 10/10/1991.

General Authority: SDCL 34A-13-16, 34A-13-40, 34A-13-42.

Law Implemented: SDCL 34A-13-42.