{"data":{"id":"us-sd/sdcl-9-40-39","jurisdiction":"us-sd","citation":"SDCL § 9-40-39","heading":"Tax exemption of waterworks and waste disposal facilities.","body":"All land, improvements and capital equipment owned, leased, acquired, or operated by the municipality pursuant to a lease having a fixed term plus renewal options exceeding three years or a lease-purchase or installment purchase contract, or pursuant to an operating contract described in § 9-40-38 constitute a separate class of property which is exempt from all taxation.","path":["TITLE 9. MUNICIPAL GOVERNMENT","CHAPTER 9-40. UTILITY FACILITIES AND REVENUE BONDS"],"source_url":"https://sdlegislature.gov/Statutes/9-40-39","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"f442cb1fcaa20f8dfa77a9936918b3f878fda84156f13a5480a6c61deeb77930","source_id":"us-sd","stale":false,"prev":"us-sd/sdcl-9-40-38","next":"us-sd/sdcl-9-40-40"},"notice":"GroundRules: Original legal text. Not legal advice."}