S.D. Admin. R. 67:16:04:50

Current through Register Vol. 51, page 57, November 12, 2024

Section 67:16:04:50 - Return on net equity

A return on net equity is an allowable cost for proprietary facilities. The allowable rate of return is the sum of the average midpoint of the prime interest rate and the average rate of 180-day United States treasury bills as reported on the last business day of June, September, December, and March, divided by two. The rate of return may not exceed ten percent.

S.D. Admin. R. 67:16:04:50

16 SDR 26, effective 8/13/1989; 17 SDR 50, effective 10/7/1990; transferred from

General Authority: SDCL 28-6-1(2).

Law Implemented: SDCL 28-6-1(2).