Terms used in this chapter mean:

1. (1) "Department," the South Dakota Department of Revenue;
2. (2) "Precious metals," gold and silver;
3. (3) "Secretary," the secretary of the South Dakota Department of Revenue;
4. (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.