SDCL 3-13A-9

Any costs associated with such a transfer shall be borne by the participant and shall be deducted from the participant's account. If, due to a payroll error, a participant's deferral is deposited in an investment alternative other than the one selected by the participant, the executive director or third-party administrator may correct the error by transferring the participant's deferral to the proper investment alternative, subject to any limitations which may be imposed by the vendor. No retroactive adjustment may be made. Source: SL 2004, ch 43 , § 10; SDCL § 3-12-174; SL 2005, ch 28 , § 1; SL 2016, ch 31 , § 57.