S.D. Codified Laws § 47-22-68.5

Current with legislation signed by the governor on or before 3/6/2024
Section 47-22-68.5 - Excess business holdings prohibited to foundation

The corporation described in § 47-22-68.2 shall not retain any excess business holdings which would give rise to any liability for the tax imposed by section 4943(a) of the Internal Revenue Code.

SDCL 47-22-68.5

SL 1972, ch 244, § 2 (3).