<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sb3afacc2-9532-4532-b194-31cf404400f2P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sb3afacc2-9532-4532-b194-31cf404400f2C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb3afacc2-9532-4532-b194-31cf404400f2C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb3afacc2-9532-4532-b194-31cf404400f2C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb3afacc2-9532-4532-b194-31cf404400f2000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sb3afacc2-9532-4532-b194-31cf404400f2P0"><span xml:space="preserve" class="sb3afacc2-9532-4532-b194-31cf404400f2C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=62:03:07:03"><span class="sb3afacc2-9532-4532-b194-31cf404400f2C0-000000">62:03:07:03</span></a><span class="sb3afacc2-9532-4532-b194-31cf404400f2C0-000001">.  Amount of initial deferral -- Election to opt out -- Time limit -- Refund -- Future participation.</span><span xml:space="preserve" class="sb3afacc2-9532-4532-b194-31cf404400f2C0"> </span><span class="sb3afacc2-9532-4532-b194-31cf404400f2C0">Repealed</span><span class="sb3afacc2-9532-4532-b194-31cf404400f2C0">.</span></p><p dir="ltr" class="sb3afacc2-9532-4532-b194-31cf404400f2P0"><span xml:space="preserve" class="sb3afacc2-9532-4532-b194-31cf404400f2000002"> </span></p><p dir="ltr" class="sb3afacc2-9532-4532-b194-31cf404400f2P0"><span xml:space="preserve" class="sb3afacc2-9532-4532-b194-31cf404400f2C0">    </span><span class="sb3afacc2-9532-4532-b194-31cf404400f2C0-000001">Source:</span><span xml:space="preserve" class="sb3afacc2-9532-4532-b194-31cf404400f2C0"> 35 SDR 82, effective October 22, 2008; 41 SDR 219, effective July 1, 2015</span><span class="sb3afacc2-9532-4532-b194-31cf404400f2C0">; 52 SDR 10, effective August 5, 2025</span><span class="sb3afacc2-9532-4532-b194-31cf404400f2C0">.</span></p><p dir="ltr" class="sb3afacc2-9532-4532-b194-31cf404400f2P0"><span xml:space="preserve" class="sb3afacc2-9532-4532-b194-31cf404400f2000002"> </span></p></div></body></html>