§ 55-6-1.2 Collective investment fund defined.

SD Codified L § 55-6-1.2 (2019) (N/A)
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55-6-1.2. Collective investment fund defined. For purposes of this chapter, the term, collective investment fund, is a fund as defined in 12 C.F.R. 9.18(a)(2) as of January 1, 2011, and is provided exemption from taxation according to Internal Revenue Service, Revenue Ruling 81-100, published March 30, 1981.

Source: SL 2011, ch 212, § 29.