Arkansas Code Title 26, Subtitle 3, Chapter 26, Subchapter 12 - Valuation of Property

• § 26-26-1201 - Date of Valuation.
  All property in this state shall be assessed by the authorized authorities according to its value on January 1. However, stocks of merchants and...
• § 26-26-1202 - Valuation Procedures.
  (a) (1) Each separate parcel of real property shall be valued at its true market value in money, excluding the value of crops growing...
• § 26-26-1203 - Merchants.
  (a) Any person owning or having in his or her possession or under his or her control, within this state, with authority to sell...
• § 26-26-1204 - Accounts and Notes Included in Merchant's Valuation.
  Each merchant in giving a list of value of personal property as provided in § 26-26-1203 shall include in the valuation all good balances...
• § 26-26-1205 - Manufacturers.
  (a) Every person who shall purchase, receive, or hold personal property of any description for the purpose of adding to the value thereof by...
• § 26-26-1206 - Federally Funded Housing for Elderly or Handicapped.
  (a) Housing owned and operated by a nonprofit corporation or association for occupancy or use by elderly or handicapped persons, the construction of which...
• § 26-26-1207 - Motor Vehicle Dealer Inventory.
  (a) The General Assembly recognizes that motor vehicles are unique in regard to the procedure for assessment of personal property taxes, registration and titling,...

Last modified: November 15, 2016