10-28-5. Addition to assessment value on failure of railroad to make statements.
50 words·~1 min read·
/sd/title-10/chapter-10-28/10-28-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.