64:41:01:04Lease of operating property directly connected

with shipment. Lease of operating property to any private business not directly connected with shipment by a railroad company constitutes a change of the property from operating to nonoperating property.

Source: SL 1975, ch 16, § 1; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 21 SDR 219, effective July 1, 1995.