9-53-1. Definition of terms.
139 words·~1 min read·
/sd/title-9/chapter-9-53/9-53-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Terms as used in this chapter, unless the context otherwise plainly requires, shall mean:
(1)"Public convention hall" shall mean a real estate site and building, structure, or edifice which may be used by the general public or portions of the public for the purposes of meetings, discussions, conventions, shows, displays, amusements, and any other public purpose;
(2)"Privately owned property" shall mean all real property, except that property upon which is situated a one - family or two - family dwelling and which is used only for residential purposes which residential property shall be exempt from assessment;
(3)"Governing body" shall mean the governing body of a municipal corporation;
(4)"Convention hall fund" shall mean a fund established for the placing of all receipts from all assessments and revenues and disbursements therefrom under the provisions of this chapter.