<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s73d1a0c6-d325-46d7-b001-321ceadd924cNormal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s73d1a0c6-d325-46d7-b001-321ceadd924c000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000002 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">    </span><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000000">20:10:28:07.  Classification of property rented to or from affiliates.</span><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont"> If property rented to affiliates is not material in amount, the property is included as used property of the owning company with the associated revenues and expenses treated consistently. If property rented from affiliates is not material in amount, the property is not included with the used property of the company making the separations; the rent paid is included in its expenses.</span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924c000001"> </span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">    If property rented to affiliates is material in amount, the property, related expenses, and the rent revenues are excluded from the telecommunications operations of the owning company. If property rented from affiliates is material in amount, the property and related expenses are included with, and the rent expenses are excluded from, the telecommunications operations of the company making the separations.</span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924c000001"> </span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">    </span><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000000">Source:</span><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont"> 19 SDR 111, effective </span><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">January 31, 1993.</span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">    </span><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000000">General Authority:</span><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-1-11"><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000002">49-1-11</span></a><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-5"><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000002">49-31-5</span></a><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-18"><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000002">49-31-18</span></a><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">.</span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">    </span><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000000">Law Implemented:</span><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-18"><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000002">49-31-18</span></a><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">.</span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924c000001"> </span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont">    </span><span class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont-000000">Cross-Reference:</span><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924cDefaultParagraphFont"> Fundamental principles underlying procedures, 47 C.F.R. § 36.2(c) (1991).</span></p><p dir="ltr" class="s73d1a0c6-d325-46d7-b001-321ceadd924cNormal"><span xml:space="preserve" class="s73d1a0c6-d325-46d7-b001-321ceadd924c000001"> </span></p></div></body></html>