Section 10-28-24 - Exemption of railroad companies operating over state-owned rail lines.
10-28-24. Exemption of railroad companies operating over state-owned rail lines. Any railroad company operating over state-owned rail lines while under contract to the state is exempt from the provisions of chapter 10-28 only for purposes of assessment and taxation of railroad property.
Source: SL 1981, ch 331, § 13.