South Dakota Statutes
§ 10-46-70 — Exemption of receipts received by the state and political subdivisions from management services provided to nonprofit entity.
There are hereby exempted from the provisions of this chapter and the computation of the tax imposed by it, the gross receipts received by the State of South Dakota and any of its political subdivisions including multi-county planning and development districts, established pursuant to Executive Order 70-7, or its successor, from management services provided to a revolving loan fund operated by a nonprofit entity.
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South Dakota § 10-46-70 (Exemption of receipts received by the state and political subdivisions from management services provided to nonprofit entity.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2005, ch 75, § 2.
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