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2015 South Dakota Codified Laws
Title 11 - PLANNING, ZONING AND HOUSING PROGRAMS
Chapter 07 - County And Municipal Housing And Redevelopment
§ 11-7-99 Tax exemption of bonds.

SD Codified L § 11-7-99 (2015) What's This?

11-7-99. Tax exemption of bonds.

Bonds of a commission are declared to be issued for an essential public and governmental purpose and to be public instrumentalities and, together with interest thereon and income therefrom, shall be exempt from taxes.

Source: SL 1950 (SS), ch 13, § 21; SDC Supp 1960, § 45.3621.

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