South Dakota Statutes

§ 49-16A-76 — Powers--Acceptance of voluntary grants for railroad purposes.

South Dakota·Title 49 PUBLIC UTILITIES AND CARRIERS·Ch. 49-16A INTRASTATE RAILROAD REGULATION
Each railroad authorized to construct, operate, or maintain a road within this state, may take and hold such voluntary grants of real and other property as are made to it, to aid in the construction, maintenance, and accommodation of its road. Any real property received by voluntary grant shall be held and used for the purposes of the grant only.

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South Dakota § 49-16A-76 (Powers--Acceptance of voluntary grants for railroad purposes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 52.0801 (2); SDCL, § 49-16-7; SL 1980, ch 322, § 75.

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