SDCL § 10-28-10: Local assessment of nonoperating property permitted.
Where this section sits in the code
- TITLE 10. TAXATION
- CHAPTER 10-28. TAXATION OF RAILROAD OPERATING PROPERTY
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."
Collected 2026-09-03T15:18:56Z. Source file · JSON