As Amended
SEC. 57-44-5. Establishment of local governments freight rail service revolving loan program.
There is established a local governments freight rail service project revolving loan program to be administered by the Department of Economic and Community Development for the purpose of making loans to counties and municipalities that the governing authorities of such counties and municipalities may utilize to make loans to railroad corporations for freight rail service projects.
SOURCES: Laws, 1995, ch. 563, Sec. 3, eff from and after July 2, 1995