South Dakota Codified Laws 58-29F-2. Definitions
Current as of: 2023 | Check for updates
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Term used in this chapter mean:
(1) “Entity,” a pharmacy benefits manager or any person or organization that represents these companies, groups, or organizations in any capacity;
Terms Used In South Dakota Codified Laws 58-29F-2
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Trustee: A person or institution holding and administering property in trust.
(2) “Plan sponsor,” the employer in the case of an employee benefit plan established or maintained by a single employer or the employee organization in the case of a plan established or maintained by an employee organization, an association, joint board, trustee, committee, or other similar group that establishes or maintains the plan.
Source: SL 2013, ch 254, § 2.