South Dakota Const. art. XI, § 4

South Dakota Constitution

Article XI, § 4 — Banks and bankers taxed

South Dakota Const. art. XI, § 4 (Banks and bankers taxed) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionSouth Dakota DocumentConstitution

ArticleXI

Section§ 4

CitationSouth Dakota Const. art. XI, § 4

Bluebook

S.D. Const. art. XI, § 4.

Full Text

The Legislature shall provide for taxing all moneys, credits, investments in bonds, stocks, joint stock companies, or otherwise; and also for taxing the notes and bills discounted or purchased, moneys loaned and all other property, effects or dues of every description, of all banks and of all bankers, so that all property employed in banking shall always be subject to a taxation equal to that imposed on the property of individuals.

Add this to your briefcase to access full text.

The Legislature shall provide for taxing all moneys, credits, investments in bonds, stocks, joint stock companies, or otherwise; and also for taxing the notes and bills discounted or purchased, moneys loaned and all other property, effects or dues of every description, of all banks and of all bankers, so that all property employed in banking shall always be subject to a taxation equal to that imposed on the property of individuals.