South Dakota Codified Laws 10-29-1. Definition of terms
Terms as used in this chapter mean:
(1) “Air commerce,” the transportation by aircraft of persons or property for hire in interstate or international transportation on regularly scheduled flights;
Terms Used In South Dakota Codified Laws 10-29-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiduciary: A trustee, executor, or administrator.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- Trustee: A person or institution holding and administering property in trust.
(2) “Aircraft,” any contrivance used or designed for navigation of, or flight in the air;
(3) “Airline company,” any person who undertakes directly to engage in the business of air commerce;
(4) “Flight property,” all aircraft fully equipped ready for flight used in air commerce;
(5) “Flight time,” hours spent by aircraft in flight on regularly scheduled flights;
(6) “Person,” any individual, corporation, limited liability company, firm, copartnership, company, or association and includes any guardian, trustee, personal representative, receiver, conservator, or any person acting in any fiduciary capacity therefor;
(7) “Secretary,” the secretary of revenue.
Source: SL 1961, ch 449, § 1; SL 1994, ch 351, § 15; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.