Statutes > South Dakota Statutes > Title 49 - PUBLIC UTILITIES AND CARRIERS > Chapter 17A - Regional Railroad Authorities > Section 49-17A-20 - Exemption from taxation of property and income of authority.

Section 49-17A-20 - Exemption from taxation of property and income of authority.

49-17A-20. Exemption from taxation of property and income of authority. Any property acquired by an authority and any income derived by the authority shall be exempt from taxation.

Source: SL 1978, ch 344, § 38.