<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>p.s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal { 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.s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s1e5dbd8e-0cb8-4e43-862d-f30523847e1c000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-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="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000000">20:10:28:68.  Rural telephone bank stock -- Investment in nonaffiliated companies -- Account 1402.</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont"> The amount carried in rural telephone bank stock, investment in nonaffiliated companies, account 1402, is separated into subsidiary record categories as follows:</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1c000001"> </span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    (1)  Class B rural telephone bank stock; and</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    (2)  All other.</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1c000001"> </span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    The amounts contained in subdivision (1), class B rural telephone bank stock, are allocated based on the relative separations of account 2001, telecommunications plant in service. The amounts contained in subdivision (2), all other, are excluded from these separations procedures.</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1c000001"> </span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000000">Source:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont"> 19 SDR 111, effective </span><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">January 31, 1993.</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000000">General Authority:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-1-11"><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000002">49-1-11</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-5"><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000002">49-31-5</span></a><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-18"><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000002">49-31-18</span></a><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">.</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000000">Law Implemented:</span><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=49-31-18"><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000002">49-31-18</span></a><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">.</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1c000001"> </span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    </span><span style="white-space: pre-wrap;" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont-000000">Cross-References:</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    Telecommunications plant in service, 47 C.F.R. § 32.2001 (1991).</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    Investments in nonaffiliated companies, 47 C.F.R. § 32.1402 (1991).</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cDefaultParagraphFont">    Rural telephone bank stock, 47 C.F.R. § 36.172(a)(b)(c) (1991).</span></p><p dir="ltr" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1cNormal"><span style="white-space: pre-wrap;" xml:space="preserve" class="s1e5dbd8e-0cb8-4e43-862d-f30523847e1c000001"> </span></p></div></body></html>