1-16H-37. Tax exemption of authority.
41 words·~1 min read·
/sd/title-1/chapter-1-16/1-16h-37·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The income of the authority and all land, improvements, equipment, fixtures, or other property interests owned by the authority are exempt from all taxation in the State of South Dakota. The authority is exempt from the provisions of chapter 47-31B .