SDCL § 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.