49-16C-4. Interest and fees on loans to regional authorities.
The South Dakota State Railroad Board may set from time to time the interest rates at which it shall make the loans provided for in §49-16C-3. In addition to such interest charges, the board may make and collect such costs, fees, and other charges as the board may deem necessary.
Source: SL 1981, ch 100, §8.
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.