A railroad which abandons service over, salvages and removes its rail, ties and other track material from any right–of–way in which it claims any right, title or interest in public lands, as prescribed by the act of Congress approved March 3, 1875, as amended, or in Indian lands as prescribed by the act of Congress approved March 2, 1889, as amended, or § 49-16A-55, shall settle title claims with adjoining landowners and municipalities within one year after salvage of the abandoned road is complete or title to the abandoned railroad right–of–way easement reverts and vests, by operation of law, pursuant to 42 Stat. 414 (March 8, 1922).

Source: SL 1981, ch 329, § 1.