Any distribution under §§ 3-13-79 and 3-13-80 is deemed to be reasonable and made in good faith under § 401(a)(9) of the Internal Revenue Code. Source: SL 2025, ch 27 , § 111.
Distributions deemed reasonable and made in good faith under federal law
SDCL § 3-13-84 — under DEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES.
SDCL § 3-13-84