If any aircraft, according to the manufacturer’s records as to date of manufacture, was ten years old or more on January first of the year for which registration and fee is required, the fee required by § 50-11-12 shall be one–half of the fee ordinarily prescribed.

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Source: SDC 1939, § 2.0407 (1) (b) as enacted by SL 1949, ch 4, § 2; SL 1993, ch 348, § 10B.