11-11-47. Authority as state issuing agency and housing credit agency.The authority is an agency of the state which is an issuing authority within the meaning of §146 of the Internal Revenue Code of 1986 and the State Housing Credit Agency within the meaning of §42(h)(7)(A) of the Internal Revenue Code of 1986. The authority may administer the provisions of §42 of the Internal Revenue Code of 1986. Source: SL 1981, ch 221, §2; SDCL Supp, §28-19-39.4; SL 1984, ch 106, §2; SL 1987, ch 118, §3; SL 2012, ch 78, §26.
South Dakota Legal Code