49-16C-1. Railroad trust fund--Creation--Expenditure.
For the purposes of planning, enlarging, maintaining, equipping, and protecting railroads and railroad facilities, there is hereby created a special fund within the state treasury known as the railroad trust fund. All moneys in the fund, except as otherwise provided in this chapter, shall be expended in accordance with the provisions of chapter 4-7, chapter 4-8, chapter 4-8A, and chapter 4-8B.
Source: SL 1981, ch 100, ยง3.
Structure South Dakota Codified Laws
Title 49 - Public Utilities and Carriers
Chapter 16C - Railroad Trust Fund
Section 49-16C-1 - Railroad trust fund--Creation--Expenditure.
Section 49-16C-2 - Transfer of money to railroad authority fund.
Section 49-16C-3 - Loans to regional railroad authorities--Procedure.
Section 49-16C-4 - Interest and fees on loans to regional authorities.
Section 49-16C-5 - Expenditures to match federal funds.
Section 49-16C-6 - Expenditure to join other states in preserving certain railroad.
Section 49-16C-7 - Continuous appropriation of fund.
Section 49-16C-8 - Purchase of rolling stock or operation of railroad not authorized.