§ 49-17A-1 Definition of terms
§ 49-17A-2 Creation of authority by agreement of subdivisions
§ 49-17A-3 Contents of agreement creating authority
§ 49-17A-3.1 Authority may not change resolution eschewing taxing power
§ 49-17A-4 Filing of agreement and resolutions–Certificate of incorporation–Beginning ofcorporate existence
§ 49-17A-5 Hearing before adoption of resolution–Publication of notice
§ 49-17A-6 Election of commissioners–Terms of office–Vacancies
§ 49-17A-7 Power vested in commissioners–Rules for operation
§ 49-17A-8 Chairman and secretary-treasurer of authority
§ 49-17A-9 Executive director and other agents–Delegation of powers and duties
§ 49-17A-10 Reimbursement of commissioners’ expenses
§ 49-17A-11 Addition of subdivision to authority
§ 49-17A-12 Withdrawal of subdivision from authority–Disposition of assets and liabilities
§ 49-17A-13 Filing of resolution increasing or decreasing authority–Amended certificate ofincorporation
§ 49-17A-14 Powers of political subdivisions in aid of regional authority
§ 49-17A-15 Corporate powers of authority
§ 49-17A-16 Planning, acquisition and operation of railroads and facilities–Acquisition ofproperty
§ 49-17A-17 Use of public waters by authority–Buildings, roadways and bridges
§ 49-17A-18 Power of eminent domain–Restrictions on acquisition of public or railroad property
§ 49-17A-19 Public purpose and necessity for acquisitions
§ 49-17A-20 Exemption from taxation of property and income of authority
§ 49-17A-21 Annual certification of tax levy for authority–Levy of tax–Collection
§ 49-17A-21.1 Zones of benefit–Tax levy applied to
§ 49-17A-22 Maximum tax levy–County levy not applied in subdivision making levy
§ 49-17A-23 Deposit of tax proceeds–Expenditure
§ 49-17A-24 Covenant to levy taxes until bonds paid
§ 49-17A-25 Acceptance and expenditure of federal and other grants and loans
§ 49-17A-26 Designation of railroad division as agent of authority–Funds held in separateaccount–Vouchers and warrants
§ 49-17A-27 Issuance of bonds and notes–Purposes for which proceeds used
§ 49-17A-28 Revenues and funds pledged to payment of bonds and notes–Negotiability
§ 49-17A-29 Resolutions for bonds or notes–Security agreement–Terms and conditions
§ 49-17A-30 Mortgages and deeds of trust to secure obligations–Filing
§ 49-17A-31 Bond recital conclusive as to authority and purpose
§ 49-17A-32 Continuing validity of signatures on bonds and notes–Temporary bonds
§ 49-17A-33 Sale of bonds
§ 49-17A-34 Bonds exempt from taxation
§ 49-17A-35 Persons executing bonds not personally liable
§ 49-17A-36 Arrangements for operating and providing railroad service
§ 49-17A-37 Grant of operating privileges and use of railroad and facilities
§ 49-17A-39 Disposition of property of authority
§ 49-17A-40 Citation of chapter
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Terms Used In South Dakota Codified Laws > Title 49 > Chapter 17A - Regional Railroad Authorities

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Devise: To gift property by will.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • 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.
  • Seal: includes an impression of the seal upon the paper alone, as well as upon wax or a wafer affixed to the paper, and also the word "seal" written or printed on such paper. See South Dakota Codified Laws 2-14-2
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC