All real and personal property, including but not limited to works, machinery, pipelines, and fixtures, belonging to any nonprofit corporation or association engaged in the treatment, distribution, and sale of water to a rural area or a municipality, where such property is used exclusively for conveying water to its customers is exempt from ad valorem taxation.
S.D. Codified Laws § 10-36A-1
Property exempt from ad valorem tax
Applied in 1 court decision — leading case In Re the South Lincoln Rural Water System Application for Permit No. 4300-3 (1980)
Most recently applied in In Re the South Lincoln Rural Water System Application for Permit No. 4300-3 (August 1980)
Source: SL 1970, ch 67, § 1; SL 1982, ch 98.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.