The cash value of a life insurance policy is included as a liquid resource when applying the resource limit in § 67:12:05:05.

Cross-References:

Need and amount of assistance, 45 C.F.R. § 233.20.

Maximum resource limit, § 67:12:05:05.

Source: SL 1975, ch 16, § 1; 2 SDR 24, effective October 1, 1975; 2 SDR 88, effective July 1, 1976; 7 SDR 23, effective September 18, 1980; 7 SDR 66, 7 SDR 89, effective July 1, 1981; 8 SDR 95, effective February 18, 1982 ; 52 SDR 55, effective December 2, 2025 .

General Authority: SDCL 28- 6-1 .

Law Implemented: SDCL 28- 6-1 .

Prior versions effective: 1982-02-18.