3-13-55. Definition of terms.

The definitions contained in § 3-12C-101 apply to this chapter unless the context clearly otherwise requires. In addition the following terms mean:

(1)    "Accumulated deferred compensation," compensation deferred by a participant in the plan, plus any investment return thereon;

(2)    "Plan," the South Dakota deferred compensation plan created pursuant to this chapter; and

(3)    "Plan year," a calendar year ending on December thirty-first.

Source: SL 1987, ch 38, § 7; SL 2012, ch 26, § 14.