Section 3-13A-9 - Investment of funds.

3-13A-9. Investment of funds. Moneys held by the fund may be invested by program participants in such investments as are deemed appropriate by the state investment officer. The state investment officer may enter into contracts for investment alternatives and to offer internal investment alternatives. The program administrator or third-party administrator may transfer funds to, from, and among the respective investment alternatives.

Source: SL 2004, ch 43, § 8; SDCL, § 3-12-172; SL 2005, ch 28, § 1.