S.D. Codified Laws § 47-22-68.4

Current through the 2024 Legislative Session
Section 47-22-68.4 - Distributions required of foundation

The corporation described in § 47-22-68.2 shall distribute for each of its taxable years amounts at least sufficient to avoid liability for the tax imposed by section 4942(a) of the Internal Revenue Code.

SDCL 47-22-68.4

SL 1972, ch 244, § 2 (1).