South Dakota § 3-12C-1507 - Contract purchases and benefit payments deemed qualified plan distributed annuity contracts.
Full text of South Dakota South Dakota Codified Laws § 3-12C-1507 — Contract purchases and benefit payments deemed qualified plan distributed annuity contracts., with citation guidance and answers to common questions.
§ 3-12C-1507. Contract purchases and benefit payments deemed qualified plan distributed annuity contracts.
Supplemental pension contract purchases and supplemental pension benefit payments administered pursuant to the provisions of §§ 3-12C-1501 to 3-12C-1510, inclusive, are considered to be qualified plan distributed annuity contracts under Internal Revenue Service Treasury Regulation 1.402(c)-2.
Source: SL 2008, ch 24, § 8; SL 2016, ch 31, § 33; SDCL § 3-12-195; SL 2019, ch 22, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 3-12C-1507
What does South Dakota Codified Laws § 3-12C-1507 cover?
Section 3-12C-1507 ("Contract purchases and benefit payments deemed qualified plan distributed annuity contracts.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 3-12C-1507?
A common citation format is "South Dakota Codified Laws § 3-12C-1507" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 3-12C-1507 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.