South Dakota Statutes

§ 10-28-12 — Unit valuation of railroad operating property.

South Dakota·Title 10 TAXATION·Ch. 10-28 TAXATION 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.

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Legislative History

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

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