<html> <head> <title>Rule 06:01:04:13 Limit on purchase of any one issue.</title> <META NAME="Keywords" Content="Administrative Rules 06:01:04:13"> <META NAME="Description" Content="Administrative Rules 06:01:04:13 Limit on purchase of any one issue."> <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>6:01:04:13.&nbsp;&nbsp;Limit on purchase of any one issue.</b> No more than three percent of the assets of the South Dakota retirement system fund and no more than three percent of the cement plant retirement fund, measured at the time of purchase, may be invested in a single issue of mortgage-backed securities.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 9 SDR 53, effective November 3, 1982.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=4-5-28">4-5-28.</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=4-5-28">4-5-28.</A></p> </div> </body> </html>