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Section 58-18-94 - Application of provisions regarding multiple employer trusts--Inclusion of large and small employers — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 58-18-94 - Application of provisions regarding multiple employer trusts--Inclusion of large and small employers

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58-18-94. Application of provisions regarding multiple employer trusts--Inclusion of large and small employers.The provisions of this chapter regarding multiple employer trusts do not apply to any single employer self-funded plan as preempted by Employee Retirement Income Security Act of 1974, 29 U.S.C. §1144 or any arrangement exempted pursuant to §1-24-17. An authorized self-funded multiple employer trust may include as participating employers both small employers and large employers. Source: SL 2005, ch 272, §8; SL 2019, ch 212, §11.