S.D. Admin. R. 20:10:28:70 - Cash working capital - Apportionment
An allowance for cash working capital shall be assigned to each carrier's carrier access cost element in an amount equal to 15 days of cash operation expenses allocated to that cost element. In the alternative, the commission may require a carrier's carrier to perform a study of leads and lags in the receipt of revenues and the disbursements for expenses to measure working capital requirements.
Notes
General Authority: SDCL 49-1-11, 49-31-5, 49-31-18.
Law Implemented: SDCL 49-31-18.
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