64:41:01:07.  Annual statement required. Each railroad company shall, not later than the 20th day of April of each year, furnish the department with a duplicate list of all leases of property for three or more years on right-of-way or station grounds. The company shall set forth in the report the name and address of the lessee, the description of the property leased, and the amount of the rent derived from the leases.

          Source: SL 1975, ch 16, § 1; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 21 SDR 219, effective July 1, 1995.

          General Authority: SDCL 10-28-25.

          Law Implemented: SDCL 10-28-4.