<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.s02b6a2bb-db62-42c4-b3de-f8d62879ae48Normal { 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.s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s02b6a2bb-db62-42c4-b3de-f8d62879ae48000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-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="s02b6a2bb-db62-42c4-b3de-f8d62879ae48Normal"><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">    </span><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000000">20:10:28:70.  Cash working capital -- Apportionment.</span><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont"> An allowance for cash working capital shall be assigned to each carrier's carrier access cost element in an amount equal to 15 days of cash operation expenses allocated to that cost element. In the alternative, the commission may require a carrier's carrier to perform a study of leads and lags in the receipt of revenues and the disbursements for expenses to measure working capital requirements.</span></p><p dir="ltr" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48Normal"><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48000001"> </span></p><p dir="ltr" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48Normal"><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">    </span><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000000">Source:</span><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont"> 19 SDR 111, effective </span><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">January 31, 1993.</span></p><p dir="ltr" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48Normal"><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">    </span><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000000">General Authority:</span><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-1-11"><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000002">49-1-11</span></a><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-5"><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000002">49-31-5</span></a><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-18"><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000002">49-31-18</span></a><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">.</span></p><p dir="ltr" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48Normal"><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">    </span><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000000">Law Implemented:</span><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-18"><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont-000002">49-31-18</span></a><span class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48DefaultParagraphFont">.</span></p><p dir="ltr" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48Normal"><span xml:space="preserve" class="s02b6a2bb-db62-42c4-b3de-f8d62879ae48000001"> </span></p></div></body></html>