Reassessment order
Sec. 6. If the department of local government finance determines
that a petition filed under section 5 of this chapter has been signed by
the required number of petitioners and that the present assessed value
of any real property is inequitable, the department of local
government finance shall order a reassessment of the real property
which has been inequitably assessed. The order shall specify the time
within which the reassessment shall be completed and the date on
which the reassessment shall become effective.
(Formerly: Acts 1975, P.L.47, SEC.1.) As amended by P.L.90-2002,
SEC.32.
Last modified: May 28, 2006