South Dakota § 49-30-5 Powers of corporation--Holding property for accessory facilities.

South Dakota Statutes

§ 49-30-5 — Powers of corporation--Holding property for accessory facilities.

South Dakota § 49-30-5

Title 49PUBLIC UTILITIES AND CARRIERS

Ch. 49-29TELEPHONE AND TELEGRAPH CORPORATIONS

This text of South Dakota § 49-30-5 (Powers of corporation--Holding property for accessory facilities.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 49-30-5 (2026).

Text

Every corporation formed under the provisions of this chapter, and every corporation formed under the laws of any other state or territory or of the United States, owning or operating lines of telegraph or telephone within this state, shall have power to make and hold such voluntary grants of real and other property as may be made to it to aid in the construction, maintenance, and accommodation of its line of telegraph or telephone, but the real property received by voluntary grant shall be held and used for the purposes of such grant only.

Free access — add to your briefcase to read the full text and ask questions with AI

Every corporation formed under the provisions of this chapter, and every corporation formed under the laws of any other state or territory or of the United States, owning or operating lines of telegraph or telephone within this state, shall have power to make and hold such voluntary grants of real and other property as may be made to it to aid in the construction, maintenance, and accommodation of its line of telegraph or telephone, but the real property received by voluntary grant shall be held and used for the purposes of such grant only.