S.D. Codified Laws § 3-13-55

Current through the 2024 Legislative Session

Section 3-13-55 - Definition of terms

The definitions contained in § 3-12C-101 apply to this chapter unless the context clearly otherwise requires. In addition the following terms mean:

(1) "Accumulated deferred compensation," compensation deferred by a participant in the plan, plus any investment return thereon;

(2) "Plan," the South Dakota deferred compensation plan created pursuant to this chapter; and

(3) "Plan year," a calendar year ending on December thirty-first.

SDCL 3-13-55

SL 1987, ch 38, § 7; SL 2012, ch 26, §14.