Statutes, codes, and regulations
South Dakota Codified Laws
Title 10 - TAXATION
Chapter 36A - TAXATION OF RURAL WATER SUPPLY COMPANIES
Section 10-36A-1 - Property exempt from ad valorem tax

S.D. Codified Laws § 10-36A-1

Download
PDF
Current through the 2024 Legislative Session
Section 10-36A-1 - Property exempt from ad valorem tax

All real and personal property, including but not limited to works, machinery, pipelines, and fixtures, belonging to any nonprofit corporation or association engaged in the treatment, distribution, and sale of water to a rural area or a municipality, where such property is used exclusively for conveying water to its customers is exempt from ad valorem taxation.

SDCL 10-36A-1

SL 1970, ch 67, § 1; SL 1982, ch 98.