The association shall be exempt from payment of all fees and all taxes levied by this state or any of its subdivisions, except taxes levied on real property.

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Terms Used In South Dakota Codified Laws 58-29C-59

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2

Source: SL 2003, ch 252, § 16.