43-45-17. Employee benefit plan defined.
For the purposes of §§43-45-16 to 43-45-18, inclusive, the term, employee benefit plan, means any plan or arrangement that is subject to the provisions of 29 U.S.C. §§1001 through 1461, as amended, and in effect on January 1, 2007, or that is described in §401, 403(a), 403(b), 408, 408A, 409, 414, 457, or 501(a) of the Internal Revenue Code, as amended, and in effect as of January 1, 2007. The term, employee benefit plan, does not include any employee benefit plan that is excluded from application pursuant to 29 U.S.C. §1003(b)(1), as amended, and in effect as of January 1, 2007.
Source: SL 1997, ch 250, §3; SL 2000, ch 215, §1; SL 2007, ch 252, §2.
Structure South Dakota Codified Laws
Chapter 45 - Personal Property Exempt From Process
Section 43-45-1 - Scope of exemptions of personal property.
Section 43-45-2 - Property absolutely exempt.
Section 43-45-4 - Additional property exemptions--Selection and appraisal.
Section 43-45-7 - Persons to whom exemptions do not apply.
Section 43-45-8 - Exemption not allowed for purchase money or construction costs.
Section 43-45-13 - Certain federal bankruptcy exemptions not available.
Section 43-45-14 - Exemption of earnings from garnishment process or levy-Bankruptcy.
Section 43-45-15 - Legislative intent.
Section 43-45-17 - Employee benefit plan defined.
Section 43-45-18 - Court determination of appropriate exemption.