Title 46, Chapter 5, Section 97
( 46-5-97)
All rights of action accruing against any cooperative or any foreign
corporation doing business in this state pursuant to this part,
which rights of action grow out of the acquisition of rights of way
or easements or the occupying of lands of others by the cooperative
or foreign corporation, shall be barred at the end of 12 months from
the date of the accrual of such cause of action. In cases where any
such cooperative or foreign corporation takes possession of the
lands of another without having obtained an easement or without
having condemned the property and such cooperative or foreign
corporation continues to use any such land of another in accordance
with the rights and powers granted to the cooperative or foreign
corporation by this part, and the owner of such lands takes no legal
steps to prevent the occupancy of the lands by the cooperative or
foreign corporation, then the rights of the owner of such lands
shall be limited to whatever damages may have been caused to his
realty by such occupation; and the same shall be barred upon the
expiration of six months after such unauthorized occupancy begins. |