Kansas Statutes > Chapter 79 > Article 55 – Taxation of Watercraft
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| § 79-5501 | Taxation of watercraft |
Terms Used In Kansas Statutes > Chapter 79 > Article 55 - Taxation of Watercraft
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Property: includes personal and real property. See Kansas Statutes 77-201
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201