Code of Virginia - Title 58.1 Taxation - Section 58.1-1203 Real and leased tangible personal property of banks to be assessed as other real and personal prope...

§ 58.1-1203. Real and leased tangible personal property of banks to be assessed as other real and personal prope...

A. The real estate of all banks shall be assessed on the land books with the same taxes with which other real estate is assessed.

B. The tangible personal property of all banks which is leased for a consideration to customers or other lessees shall be assessed on the personal property books with the same taxes with which other tangible personal property held for lease is assessed.

(Code 1950, § 58-485.05; 1980, c. 578; 1984, c. 675.)

Sections:  Previous  58.1-1200  58.1-1201  58.1-1202  58.1-1203  58.1-1204  58.1-1204.1  58.1-1205  58.1-1206  58.1-1207  58.1-1208  58.1-1209  58.1-1210  58.1-1211  58.1-1212  58.1-1213  Next

Last modified: April 3, 2009