Information about MSVR was provided by Mr. Wayne Pratt, Payroll Tax Accountant for Wyerhauser NR Company, and Mr. Louis E. Gitomer, Attorney for Mississippi & Skuna Valley Railroad, LLC. In Surface Transportation Board Finance Docket No. FD 35429, Mississippi & Skuna Valley Railroad, LLC (MSV) filed a verified notice of exemption to acquire and operate approximately 21 miles of rail line from MSVR. This transaction was related to a transaction in which Patriot Rail, LLC (a non-covered entity) and its subsidiaries entered into an asset purchase agreement on July 21, 2010, to acquire from Weyerhauser NR Company certain rail assets and the rail assets of five of its subsidiaries. According to Mr. Pratt, MSVR ceased operations on December 30, 2010. Articles of Dissolution for MSVR were submitted, indicating that MSVR was dissolved as of December 31, 2010.

Section 202.11 of the Board's regulations provides that:

The employer status of any company or person shall terminate whenever such company or person loses any of the characteristics essential to the existence of an employer status.

Based on the information set forth above, it is clear that the character of MSVR as a railroad no longer exists inasmuch as all of its railroad assets have been sold and the corporation dissolved. Therefore, it is the determination of the Railroad Retirement Board that Mississippi & Skuna Valley Railroad Company ceased being an employer under the RRA and RUIA on December 31, 2010, the date on which the corporation was dissolved.