{"data":{"id":"us-sd/sdcl-13-63-7","jurisdiction":"us-sd","citation":"SDCL § 13-63-7","heading":"Conditions applicable to nonrenewed contracts.","body":"If a contract executed between the council and a financial institution pursuant to this chapter is not renewed, all of the following conditions apply at the end of the term of the nonrenewed contract:\n(1) Accounts previously established and held in investment instruments at the financial institution may not be terminated;\n(2) Additional contributions may be made to the accounts; and\n(3) No new accounts may be placed with that financial institution.","path":["TITLE 13. EDUCATION","CHAPTER 13-63. HIGHER EDUCATION SAVINGS PLAN"],"source_url":"https://sdlegislature.gov/Statutes/13-63-7","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"653dc51f81f2c65f33de42074c33695e92b4b516c25fbcb81c6d67d14f147161","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-13-63-6","next":"us-sd/sdcl-13-63-8"},"notice":"GroundRules: Original legal text. Not legal advice."}