If on September thirtieth of any calendar year the balance in the employment security contingency fund exceeds fifteen thousand dollars by one thousand dollars or more, the state treasurer shall transfer the excess to the unemployment compensation fund.
S.D. Codified Laws § 61-3-31
Transfer of contingency fund balance to unemployment compensation fund
Source: SL 1968, ch 86, § 3; SL 2008, ch 277, § 67.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.