The provisions of §§ 58-27-62 and 58-27-65 shall not be construed to prohibit the making of pension or profit-sharing trust agreements involving the employees of affiliates or consolidations, mergers, or other transactions otherwise authorized by this title.
S.D. Codified Laws § 58-27-66
Pension or profit-sharing trust agreement not prohibited
Source: SL 1966, ch 111, ch 6, § 34 (1) (f).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.