South Dakota Code § 61-5A-6

Election by nonprofit organization to make payments in lieu of contributions--Minimum period of election
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Any nonprofit organization which is, or becomes, subject to this title on January 1, 1972 may elect to become liable for payments in lieu of contributions for a period of not less than two taxable years beginning with January 1, 1972 provided it files with the department a written notice of its election within the thirty
-
day period immediately following such date.

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