South Dakota § 10-39-58 - Temporary provisions for severance tax on precious metals--Rate according to value of gross yield.
Full text of South Dakota South Dakota Codified Laws § 10-39-58 — Temporary provisions for severance tax on precious metals--Rate according to value of gross yield., with citation guidance and answers to common questions.
§ 10-39-58. Temporary provisions for severance tax on precious metals--Rate according to value of gross yield.
Notwithstanding the provisions of § 10-39-43, for the privilege of severing precious metals in this state, for the time period beginning July 1, 1993, and ending June 30, 1994, there is imposed a severance tax of two percent of the first fifty million dollars of the gross yield from the sale of precious metals severed in this state, and a severance tax of one percent of the gross yield from the sale of precious metals in excess of fifty million dollars severed in this state.
Source: SL 1992, ch 87, § 1; SL 1993, ch 93, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 10-39-58
What does South Dakota Codified Laws § 10-39-58 cover?
Section 10-39-58 ("Temporary provisions for severance tax on precious metals--Rate according to value of gross yield.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 10-39-58?
A common citation format is "South Dakota Codified Laws § 10-39-58" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 10-39-58 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.