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;

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(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.

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