Required minimum distributions--Reasonable and made in good faith

SDCL § 3-13A-23.4 — under SOUTH DAKOTA SPECIAL PAY RETIREMENT PROGRAM.

SDCL § 3-13A-23.4

Notwithstanding the provisions of §§ 3-13A-23 to 3-13A-23 .1, inclusive, or the provisions of the treasury regulations, benefit options may continue so long as the option satisfies § 401(a)(9) of the Internal Revenue Code based on a reasonable and good faith interpretation of that section. Source: SL 2021, ch 28 , § 17.