South Dakota § 32-3-66 Certain motor home transport uses not deemed private business uses.

South Dakota Statutes

§ 32-3-66 — Certain motor home transport uses not deemed private business uses.

South Dakota § 32-3-66

Title 32MOTOR VEHICLES

Ch. 32-3TITLE REGISTRATION, LIENS AND TRANSFERS

This text of South Dakota § 32-3-66 (Certain motor home transport uses not deemed private business uses.) 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 § 32-3-66 (2026).

Text

For the purposes of this chapter, if a motor home is used to transport a motor vehicle, boat, or animal to a race, tournament, show, or similar event, the motor home is not deemed to be engaged in a private business use if:

(1)Any prize money received from participating in such an activity is declared as ordinary income for tax purposes;

(2)The cost of participating in such an activity is not deducted as a business expense for tax purposes; and (3) No corporate sponsorship exceeding two thousand dollars in any one calendar year is involved in participating in such an activity.

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For the purposes of this chapter, if a motor home is used to transport a motor vehicle, boat, or animal to a race, tournament, show, or similar event, the motor home is not deemed to be engaged in a private business use if: (1) Any prize money received from participating in such an activity is declared as ordinary income for tax purposes; (2) The cost of participating in such an activity is not deducted as a business expense for tax purposes; and (3) No corporate sponsorship exceeding two thousand dollars in any one calendar year is involved in participating in such an activity.