Section 10-28-8 - Capital stock and other property included--Nonoperating property excepted.
10-28-8. Capital stock and other property included--Nonoperating property excepted. The assessment by the secretary of revenue and regulation shall include capital stock and all other property of railroad companies, except such property as is found by the secretary of revenue and regulation to be nonoperating property as defined in §§ 10-28-10 and 10-28-11.
Source: SDC 1939, § 57.1305; SL 2003, ch 272, § 82.