South Dakota § 3-12C-712 - Compensation limits in Internal Revenue Code § 401(a)(17) .
Full text of South Dakota South Dakota Codified Laws § 3-12C-712 — Compensation limits in Internal Revenue Code § 401(a)(17) ., with citation guidance and answers to common questions.
§ 3-12C-712. Compensation limits in Internal Revenue Code § 401(a)(17) .
Any compensation in excess of the limits established in § 401(a)(17) of the Internal Revenue Code shall be disregarded for purposes of contributions and benefit calculations under the system. Any benefit calculations for members subject to the limits established in § 401(a)(17) of the Internal Revenue Code but for whom the limitation on compensation did not apply before January 1, 2018, shall be based on unlimited compensation for credited service before January 1, 2018, and limited compensation for credited service as of January 1, 2018.
Source: SL 2017, ch 28, § 3, eff. Jan. 1, 2018; SDCL § 3-12-47.12; SL 2019, ch 22, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 3-12C-712
What does South Dakota Codified Laws § 3-12C-712 cover?
Section 3-12C-712 ("Compensation limits in Internal Revenue Code § 401(a)(17) .") 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-712?
A common citation format is "South Dakota Codified Laws § 3-12C-712" (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-712 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.