South Dakota Codified Laws 49-16A-76. Powers–Acceptance of voluntary grants for railroad purposes
Current as of: 2023 | Check for updates
|
Other versions
Each railroad authorized to construct, operate, or maintain a road within this state, may take and hold such voluntary grants of real and other property as are made to it, to aid in the construction, maintenance, and accommodation of its road. Any real property received by voluntary grant shall be held and used for the purposes of the grant only.
Terms Used In South Dakota Codified Laws 49-16A-76
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Source: SDC 1939, § 52.0801 (2); SDCL, § 49-16-7; SL 1980, ch 322, § 75.