10-4-8. Property acquired for highway purposes exempt.
43 words·~1 min read·
/sd/title-10/chapter-10-4/10-4-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All real property, irrespective of the person or persons to whom the same shall be assessed, acquired by the State of South Dakota or by any political or executive subdivision thereof, and used exclusively for public highway purposes, shall be exempt from taxation.