South Dakota § 9-41A-36 Payments in lieu of property tax--Valuation of property.

South Dakota Statutes

§ 9-41A-36 — Payments in lieu of property tax--Valuation of property.

South Dakota § 9-41A-36

Title 9MUNICIPAL GOVERNMENT

Ch. 9-41AMUNICIPAL POWER AGENCIES

This text of South Dakota § 9-41A-36 (Payments in lieu of property tax--Valuation of property.) 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 § 9-41A-36 (2026).

Text

A municipal power agency shall pay to each taxing agency within whose taxing jurisdiction its property is situated, in lieu of taxes on its property, the amounts of the taxes which would be payable if its property were owned by a private person. For this purpose the property of a municipal power agency shall be valued in the same manner and by the same procedure as the property of private persons.

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A municipal power agency shall pay to each taxing agency within whose taxing jurisdiction its property is situated, in lieu of taxes on its property, the amounts of the taxes which would be payable if its property were owned by a private person. For this purpose the property of a municipal power agency shall be valued in the same manner and by the same procedure as the property of private persons.