Section 49-17A-3.1 - Authority may not change resolution eschewing taxing power. - South-dakota Statutes

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49-17A-3.1. Authority may not change resolution eschewing taxing power. Any railroad authority may adopt a resolution amending the provisions of the agreement authorized by § 49-17A-2 to specify that the railroad authority may not levy a tax pursuant to the provisions provided in chapter 49-17A. The railroad authority shall file a certified copy of the resolution with the secretary of state and the secretary of state shall issue an amended certificate of incorporation. The railroad authority may not adopt a resolution to amend or repeal this resolution prohibiting the railroad authority from levying a tax pursuant to the provisions provided in chapter 49-17A.

Source: SL 1997, ch 264, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-49 > Chapter-17a > Statute-49-17a-3-1

49-17A-3.1. Authority may not change resolution eschewing taxing power. Any railroad authority may adopt a resolution amending the provisions of the agreement authorized by § 49-17A-2 to specify that the railroad authority may not levy a tax pursuant to the provisions provided in chapter 49-17A. The railroad authority shall file a certified copy of the resolution with the secretary of state and the secretary of state shall issue an amended certificate of incorporation. The railroad authority may not adopt a resolution to amend or repeal this resolution prohibiting the railroad authority from levying a tax pursuant to the provisions provided in chapter 49-17A.

Source: SL 1997, ch 264, § 1.

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State Codes and Statutes

Statutes > South-dakota > Title-49 > Chapter-17a > Statute-49-17a-3-1

49-17A-3.1. Authority may not change resolution eschewing taxing power. Any railroad authority may adopt a resolution amending the provisions of the agreement authorized by § 49-17A-2 to specify that the railroad authority may not levy a tax pursuant to the provisions provided in chapter 49-17A. The railroad authority shall file a certified copy of the resolution with the secretary of state and the secretary of state shall issue an amended certificate of incorporation. The railroad authority may not adopt a resolution to amend or repeal this resolution prohibiting the railroad authority from levying a tax pursuant to the provisions provided in chapter 49-17A.

Source: SL 1997, ch 264, § 1.