Legislative intent

The Legislature of the State of South Dakota hereby declares that §§ 43-45-16 to 43-45-18 , inclusive, is for the purpose of absolutely exempting certain retirement benefits in a reasonable amount from all process, levy, or sale pursuant to the S.D. Const., Art. XXI, § 4. The Legislature hereby finds §§ 43-45-16 to 43-45-18 , inclusive, is necessary to insure that a debtor enjoys the comforts and necessities of life during retirement years. Source: SL 1997, ch 250 , § 1.