The department shall annually determine the valuation, pursuant to this article, of all operating property of railroad companies in this state in the manner provided by this article.

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Terms Used In Arizona Laws 42-14351

  • Department: means the department of revenue. See Arizona Laws 42-1001
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Valuation: means the full cash value or limited property value that is determined for real or personal property, as applicable. See Arizona Laws 42-11001