10-39-42. Definitions.

Terms used in this chapter mean:

(1)    "Department," the South Dakota Department of Revenue;

(2)    "Precious metals," gold and silver;

(3)    "Secretary," the secretary of the South Dakota Department of Revenue;

(4)    "Severing," the mining, extracting, or producing of any precious metal.

Source: SL 1981, ch 95, § 1; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2008, ch 37, § 91; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.