Payment to state of portion of revenue increase from improved service

SDCL § 49-17-26 — under STATE AID TO RAILROAD CONSTRUCTION AND MAINTENANCE.

SDCL § 49-17-26

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.