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2013 South Dakota Codified Laws
Title 49 - PUBLIC UTILITIES AND CARRIERS
Chapter 17A - Regional Railroad Authorities
§ 49-17A-3.1 Authority may not change resolution eschewing taxing power.


SD Codified L § 49-17A-3.1 (2013) What's This?

49-17A-3.1. Authority may not change resolution eschewing taxing power. Any railroad authority may adopt a resolution amending the provisions of the agreement authorized by § 49-17A-2 to specify that the railroad authority may not levy a tax pursuant to the provisions provided in chapter 49-17A. The railroad authority shall file a certified copy of the resolution with the secretary of state and the secretary of state shall issue an amended certificate of incorporation. The railroad authority may not adopt a resolution to amend or repeal this resolution prohibiting the railroad authority from levying a tax pursuant to the provisions provided in chapter 49-17A.

Source: SL 1997, ch 264, § 1.

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