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South DakotaStatutes

Unforeseeable emergency distribution--Participant deferrals cease

SDCL § 3-13-64 — under DEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES.

SDCL § 3-13-64

If a participant receives approval of an unforeseeable emergency distribution, pursuant to § 3-13-82 , the participant must cease deferrals to the plan before the distribution may be completed. Source: SL 2025, ch 27 , § 91.