South Dakota Codified Laws 1-53-30. Promulgation of rules for disposition of claims and administration of trust
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The commissioner of the Governor’s Office of Economic Development, in compliance with the provisions of chapter 1-26, shall promulgate rules for disposition of claims and administration of trust assets authorized under §§ 1-53-23 to 1-53-37, inclusive, including all loan programs, and may adopt pursuant to chapter 1-26 such federal rules as are necessary to administer any program authorized under §§ 1-53-23 to 1-53-37, inclusive.
Terms Used In South Dakota Codified Laws 1-53-30
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Source: SL 1976, ch 240; SL 1986, ch 326, § 7; SL 1990, ch 316; SDCL § 38-6-8.1; SL 2019, ch 235 (Ex. Ord. 19-1), § 49, eff. Apr. 14, 2019.