South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-28-10 — Local assessment of nonoperating property permitted

All property of such railroad company, both real and personal, not actually and necessarily used in the operation of its line or lines of railway in this state shall be considered as "nonoperating property," and nothing in this chapter shall be so construed as to prevent the local assessment and taxation of said "nonoperating property."

Last amended: Source: SL 1897, ch 28 , § 48; RPolC 1903, § 2113; SL 1907, ch 64 , § 1; re - en SL 1913, ch 347 , § 1; SL 1915, ch 100 , § 1; RC 1919, § 6596; SDC 1939, § 57.1301.

Source: official text