Section 10-43-2 - Tax imposed on financial institutions.
10-43-2. Tax imposed on financial institutions. An annual tax is hereby imposed on every financial institution, except those institutions organized under the laws of the United States, doing business in this state for the grant to it of the privilege of transacting or for the actual transaction by it, of business in this state during any part of its tax year.
Source: SL 1939, ch 263, §§ 3, 4; SDC Supp 1960, §§ 57.30A03, 57.30A04; SDCL, § 10-43-3; SL 1977, ch 96, § 2.