Voters say yes to South Dakota Investment Council management of unclaimed property money

By: Seth Tupper, Meghan O'Brien

Outlets: South Dakota Searchlight

Published: November 4, 2026

Words: 570

Last Updated: 5 days, 15 hours ago

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South Dakota voters approved a ballot question Tuesday that will allow the state Investment Council to manage the money in an unclaimed property trust fund.

With 87% of the votes counted statewide by about 1:15 a.m. Central on Wednesday, 61% of the votes were in favor of Amendment K, and 39% were against it.

State lawmakers have begun transitioning unclaimed property proceeds into the fund and withdrawing only a portion each year to use …

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