<html> <head> <title>Rule 64:41:01:03 Operating property leased for agricultural purposes.</title> <META NAME="Keywords" Content="Administrative Rules 64:41:01:03"> <META NAME="Description" Content="Administrative Rules 64:41:01:03 Operating property leased for agricultural purposes."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>64:41:01:03.&nbsp;&nbsp;Operating property leased for agricultural purposes.</b> Leasing operating property for agricultural purposes does not change the character of the property from operating to nonoperating property.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> SL 1975, ch 16, §&nbsp;1; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 21 SDR 219, effective July 1, 1995.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-28-25">10-28-25.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-28-1">10-28-1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-28-11">10-28-11.</A></p> </div> </body> </html>