South Dakota Codified Laws 9-53-1. Definition of terms
Terms as used in this chapter, unless the context otherwise plainly requires, shall mean:
(1) “Public convention hall” shall mean a real estate site and building, structure, or edifice which may be used by the general public or portions of the public for the purposes of meetings, discussions, conventions, shows, displays, amusements, and any other public purpose;
Terms Used In South Dakota Codified Laws 9-53-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Governing body: shall mean the governing body of a municipal corporation. See South Dakota Codified Laws 9-53-1
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(2) “Privately owned property” shall mean all real property, except that property upon which is situated a one–family or two–family dwelling and which is used only for residential purposes which residential property shall be exempt from assessment;
(3) “Governing body” shall mean the governing body of a municipal corporation;
(4) “Convention hall fund” shall mean a fund established for the placing of all receipts from all assessments and revenues and disbursements therefrom under the provisions of this chapter.
Source: SL 1967, ch 230, § 2.