10-28-5. Addition to assessment value on failure of railroad to make statements.In case the proper officer of any railroad company shall fail to make the statement under oath required by §§10-28-3 and 10-28-4, at the time therein provided, the Department of Revenue may, in its discretion, add twenty-five percent to the assessable value of the property of such company. Source: SDC 1939, §57.1304; SL 2003, ch 272 (Ex. Ord. 03-1), §82; SL 2011, ch 1 (Ex. Ord. 11-1), §161, eff. Apr. 12, 2011.
South Dakota Legal Code