Section 10-4-22 - Effective date of change in tax-exempt status

10-4-22. Effective date of change in tax-exempt status.Any review or recommendation for a change in the tax-exempt status shall not become effective until the final determination, including appeal, has been made and the effective date shall then be January first, following such final date. Source: SDC 1939, §57.0311 as added by SL 1967, ch 316.