S.D. Codified Laws § 11-7-99

Current through the 2024 Legislative Session

Section 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.

SDCL 11-7-99

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