S.D. Codified Laws § 10-28-12

Current through the 2024 Legislative Session

Section 10-28-12 - Unit valuation of railroad operating property

The secretary of revenue shall, in determining the fair market value of the property, value all the property of any railroad company as a unit, but shall make due allowance for any nonoperating property.

SDCL 10-28-12

SDC 1939, § 57.1305; SL 1997, ch 61, § 1; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.