<html> <head> <title>Rule 67:46:05:47 Reductions to separate burial funds.</title> <META NAME="Keywords" Content="Administrative Rules 67:46:05:47"> <META NAME="Description" Content="Administrative Rules 67:46:05:47 Reductions to separate burial funds."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>67:46:05:47.&nbsp;&nbsp;Reductions to separate burial funds.</b> The $1,500 amount for separate burial funds allowed by §&nbsp;67:46:05:45 shall be reduced by the equity value of an irrevocable burial trust, contract, or other irrevocable arrangement which is available to meet the applicant's or recipient's burial expenses and the face value of an insurance policy of $1,500 or less on the applicant's or recipient's life if the policy is owned by the applicant or recipient or the applicant's or recipient's spouse and if the cash surrender value of the policy has been excluded from resources under §&nbsp;67:46:05:30.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 9 SDR 133, effective April 27, 1983; transferred from §&nbsp;67:16:20:32, effective August 23, 1992.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=28-6-1">28-6-1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=28-6-1">28-6-1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Cross-References:</b></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Resource limit, §&nbsp;67:46:05:30.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Separate burial funds excluded from resources, §&nbsp;67:46:05:45.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life insurance, §&nbsp;67:46:05:37.</p> </div> </body> </html>