Section 10-36-1 - Companies subject to tax--Classification of personal property for taxation

10-36-1. Companies subject to tax--Classification of personal property for taxation.The personal property of persons, corporations, cooperatives, and associations engaged in the distribution or transmission of electric energy solely within the United States for consumption principally in rural areas is hereby expressly classified for the purpose of taxation. Source: SL 1941, ch 363, §1; SDC Supp 1960, §57.19B01; SL 1981, ch 94, §1; SL 1982, ch 97.