S.D. Codified Laws § 10-5-18

Current through the 2024 Legislative Session

Section 10-5-18 - Improvements on leased sites owned by municipality subject to levy by municipality

Any building or improvement on a leased site owned by a municipality and classified for taxation pursuant to § 10-4-2.1 is subject to levy by the municipality that owns the leased site. This section does not apply to any property situated in a township organized pursuant to chapter 8-1.

SDCL 10-5-18

SL 1982, ch 88.