Deposits of payments--State fund

SDCL § 13-55E-8, under ADVANCE PAYMENT OF HIGHER EDUCATION COSTS.

SDCL § 13-55E-8

The executive director shall deposit payments received under this chapter into a fund in the state treasury and shall account for each payment required from a purchaser on behalf of a beneficiary pursuant to the advance payment contract. The fund is a participating fund pursuant to § 4-5-30 . Source: SL 1994, ch 145 , § 8.