S.D. Codified Laws § 10-4-11
Current with legislation signed by the governor on or before 3/6/2024
If any property owned by any society or institution described in §§ 10-4-9 to 10-4-9.3, inclusive, shall consist of hotel or residence property, or any other class of retail business and such property is used or owned primarily for the purposes of revenue, and not for the primary object of such charitable, benevolent, or religious society, it shall be taxed as other property of the same class is taxed.
SDCL 10-4-11