49-17-26. Payment to state of portion of revenue increase from improved service.
Agreements entered into between the Department of Transportation and railroad corporations, pursuant to §49-17-24, may require payment by the railroad corporation of a portion of increased revenue derived from the improved branch line to the state.
Source: SL 1978, ch 342, §4.
Structure South Dakota Codified Laws
Title 49 - Public Utilities and Carriers
Chapter 17 - State Aid To Railroad Construction And Maintenance
Section 49-17-20 - Acceptance of moneys for county or municipality for railroad purposes.
Section 49-17-21 - Contracts for continuation and improvement of freight service.
Section 49-17-22 - Identification of branch trackage with potential for service.
Section 49-17-23 - Programs for improvement of freight service on branch trackage.
Section 49-17-24 - Contracts for improvement of freight service.
Section 49-17-25 - Participation required from users of improved service.
Section 49-17-26 - Payment to state of portion of revenue increase from improved service.
Section 49-17-27 - Separate fund for improvement and conservation of branch lines.
Section 49-17-28 - Acceptance of funds for improvement of branch line service.
Section 49-17-29 - Vouchers and warrants for expenditures for improvement of branch line service.