South Dakota Statutes

§ 10-37-7 — Information used by department on failure of company to file valid report--Penalty addition to valuation.

South Dakota § 10-37-7
JurisdictionSouth Dakota
Title 10TAXATION
Ch. 10-36ATAXATION OF PIPELINE COMPANIES

This text of South Dakota § 10-37-7 (Information used by department on failure of company to file valid report--Penalty addition to valuation.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 10-37-7 (2026).

Text

If any pipeline company fails or refuses to obey and conform to the rules, method and requirements prescribed by the Department of Revenue under the provisions of this chapter, or to make the reports required by §§ 10-37-3 and 10-37-4 , the Department of Revenue shall assess the property of such pipeline company according to the best information obtainable, and shall then add to its valuation of such pipeline company twenty-five percent thereof, which valuation and penalty shall be separately shown, and together shall constitute the assessment for that year.

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Legislative History

SL 1947, ch 413, § 6; SDC Supp 1960, § 57.19A06; SL 1987, ch 82, § 14; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord.

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Bluebook (online)
South Dakota § 10-37-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-37-7.