Any net receipts from unclaimed property that exceed the general fund contribution limit as defined in § 43-41B-24.3 , must be deposited into the trust fund for unclaimed property

SDCL § 43-41B-24.3 — under UNIFORM UNCLAIMED PROPERTY ACT.

SDCL § 43-41B-24.3

The state investment officer shall calculate an amount equal to four percent of the market value of the trust fund for unclaimed property, without invading principal, as eligible for distribution to the general fund. Until fiscal year 2031, the distribution must be based on the market value as of each December thirty-first, beginning with the market value as of December 31, 2025. Beginning with the distribution in fiscal year 2031, the market value must be determined by adding the market value of the trust fund at the end of the sixteen most recent calendar quarters as of December thirty-first, and dividing the sum by sixteen. Upon notice of the amount by the state investment officer, the state treasurer shall transfer the distribution amount from the trust fund to the general fund as soon as practicable after July first of the next fiscal year. Source: SL 2025, ch 184 , § 5.