South Dakota Administrative Rules
Title 67 - Department of Social Services
Article 67:46 - Eligibility for medical services
Chapter 67:46:05 - Long-term care resource requirements
Section 67:46:05:53 - Annuities - Department becomes remainder beneficiary
Universal Citation: SD Admin Rules 67:46:05:53
Current through Register Vol. 50, page 114, March 25, 2024
Pursuant to 42 U.S.C. § 1396 p(e), as amended to August 1, 2006, the department becomes a preferred remainder beneficiary of any interest the individual or the individual's spouse has in an annuity or similar financial instrument purchased and owned after February 7, 2006.
General Authority: SDCL 28-6-1.
Law Implemented: SDCL 28-6-1.
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