S.D. Admin. R. 20:10:28:68

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:10:28:68 - Rural telephone bank stock - Investment in nonaffiliated companies - Account 1402

The amount carried in rural telephone bank stock, investment in nonaffiliated companies, account 1402, is separated into subsidiary record categories as follows:

(1) Class B rural telephone bank stock; and

(2) All other.

The amounts contained in subdivision (1), class B rural telephone bank stock, are allocated based on the relative separations of account 2001, telecommunications plant in service. The amounts contained in subdivision (2), all other, are excluded from these separations procedures.

S.D. Admin. R. 20:10:28:68

19 SDR 111, effective 1/31/1993.

General Authority: SDCL 49-1-11, 49-31-5, 49-31-18.

Law Implemented: SDCL 49-31-18.

Telecommunications plant in service, 47 C.F.R. § 32.2001 (1991). Investments in nonaffiliated companies, 47 C.F.R. § 32.1402 (1991). Rural telephone bank stock, 47 C.F.R. § 36.172(a)(b)(c) (1991).