§ 44-13.1-4 - Restriction on abandonments.
SECTION 44-13.1-4
§ 44-13.1-4 Restriction on abandonments.– No railroad corporation shall be eligible to the tax exemption provided for in§ 44-13.1-1 [repealed] if it shall abandon rail freight serviceduring the period July 1, 1985 to June 30, 1989, and eligibility for theexemption shall only be granted upon the receipt by the tax administrator of acertificate from a railroad corporation that no abandonment shall occur duringthe period specified in this section.