South Dakota § 3-12C-701 - Benefits only payable monthly--Lump-sum payments prohibited unless specified.
Full text of South Dakota South Dakota Codified Laws § 3-12C-701 — Benefits only payable monthly--Lump-sum payments prohibited unless specified., with citation guidance and answers to common questions.
§ 3-12C-701. Benefits only payable monthly--Lump-sum payments prohibited unless specified.
A member in the system may claim the benefits provided for in this chapter only in the form of a monthly benefit payment and only after such time as these benefits are payable. Unless otherwise specifically provided, no member or a former member of the system may receive a lump-sum cash payment in lieu of the normal retirement benefit.
Source: SL 1967, ch 303, § 8; SDCL § 3-12-29; SL 1968, ch 216, § 1; SL 1970, ch 25, § 7; SL 1974, ch 35, § 66; SL 2017, ch 27, § 22; SDCL § 3-12-112; SL 2019, ch 22, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 3-12C-701
What does South Dakota Codified Laws § 3-12C-701 cover?
Section 3-12C-701 ("Benefits only payable monthly--Lump-sum payments prohibited unless specified.") 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-701?
A common citation format is "South Dakota Codified Laws § 3-12C-701" (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-701 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.