All property, real and personal, used or intended for use by a rural electric company as defined by § 10-36-1 for the generation of electricity excluding transmission or distribution facilities shall be taxed and administered in the manner provided for in this chapter. Source: SL 1981, ch 94 , § 5.
Generating property of rural electric companies subject to tax
SDCL § 10-35-1.2 — under TAXATION OF ELECTRIC, HEATING, WATER AND GAS COMPANIES.
SDCL § 10-35-1.2