<html> <head> <title>Rule 20:48:13:01 Separation of funds -- Disbursement.</title> <META NAME="Keywords" Content="Administrative Rules 20:48:13:01"> <META NAME="Description" Content="Administrative Rules 20:48:13:01 Separation of funds -- Disbursement."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; text-align:justify; font-size:12.0pt; font-family:"Times New Roman","serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:48:13</b><b>:01.&nbsp;&nbsp;Separation of funds -- Disbursement.</b> The funds collected for the nurse education assistance scholarship program from fees paid by each licensed practical nurse and registered nurse at the time of licensure renewal shall be set aside in separate accounts.</p> <p class=MsoNormal>&nbsp;</p> <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nurse education assistance scholarship funds generated by licensed practical nurse renewal fees shall be disbursed only to recipients enrolled in a nursing education program leading to initial practical nurse licensure.</p> <p class=MsoNormal>&nbsp;</p> <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nurse education assistance scholarship funds generated by registered nurse renewal fees shall be disbursed to recipients enrolled in a nursing education program leading either to initial registered nurse licensure or to registered nurse degree enhancement.</p> <p class=MsoNormal>&nbsp;</p> <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 16 SDR 37, effective August 30, 1989; 41 SDR 12, effective July 31, 2014.</p> <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-9-76">36-9-76.</A></p> <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-9-35">36-9-35</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-9-43">36-9-43</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-9-76">36-9-76</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-9-77">36-9-77</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-9-79">36-9-79.</A></p> <p class=MsoNormal>&nbsp;</p> <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-References:</b> Fees required of registered nurses, &#167;&nbsp;20:48:06:01; Fees required of licensed practical nurses, &#167;&nbsp;20:48:06:02.</p> <p class=MsoNormal>&nbsp;</p> </div> </body> </html>