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§ 13-63-21 Council to adopt rules to prevent excess contributions.

SD Codified L § 13-63-21 (2019) (N/A)
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13-63-21. Council to adopt rules to prevent excess contributions. The council shall adopt policies, guidelines, procedures, or rules pursuant to chapter 1-26 to prevent contributions on behalf of a designated beneficiary in excess of the maximum amounts permitted under section 529 of the Internal Revenue Code and related regulations.

Source: SL 2001, ch 97, § 21; SL 2002, ch 94, § 3.

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§ 13-63-22 Account distributions to be reported as required by federal law.