{"data":{"id":"us-sd/sdcl-13-55e-9","jurisdiction":"us-sd","citation":"SDCL § 13-55E-9","heading":"Expenditures from fund--Administration costs and fees.","body":"Expenditures from the fund established under § 13-55E-8 shall be for payments to institutions of higher education on behalf of beneficiaries, payments of refunds and direct payment of benefits in accordance with § 13-55E-10 and for costs of administering this chapter. Administration fees shall be specified by contract and may not exceed two percent of investment earnings accruing to the fund.","path":["TITLE 13. EDUCATION","CHAPTER 13-55E. ADVANCE PAYMENT OF HIGHER EDUCATION COSTS"],"source_url":"https://sdlegislature.gov/Statutes/13-55E-9","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"49e9645466baad0db301aa4396da09508528ed73250024f9e65be145a7a4f743","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-13-55e-8","next":"us-sd/sdcl-13-55e-10"},"notice":"GroundRules: Original legal text. Not legal advice."}