All property in this state shall be assessed by the authorized authorities according to its value on January 1. However, stocks of merchants and manufacturers shall be assessed at the value of the average stock in possession or under control during the year immediately preceding January 1 of the year in which assessment is required.
Section: 26-26-1202 26-26-1203 26-26-1204 26-26-1205 26-26-1206 26-26-1207 NextLast modified: November 15, 2016