Section 9-47-11 - Depreciation reduction not required after collection of charges from water users. - South Dakota Statutes

9-47-11. Depreciation reduction not required after collection of charges from water users. In the event the municipality shall have assessed and collected charges against users of water from such pipe or main at the same rates as against other users of the same class within the municipality, no reduction for depreciation need be made for the term during which such charges were assessed and paid.

Source: SL 1959, ch 278, § 2; SDC Supp 1960, § 45.1907.