CHAPTER 11. TAXATION.

§11-3-13. Entry of corporate property by assessor.

Upon receiving the verified report required by the preceding section, the assessor, if satisfied with the correctness thereof, shall assess the value of all the property of such corporation liable to taxation, and enter the same as follows, viz: All property in item (d) shall be entered with its valuation in the land books of the county and in the tax district in which the real estate is situated; all property mentioned in item (c) shall, together with its valuation, be entered in the personal property book of the county and in the tax district wherein is the principal office or chief place of business of such corporation, under the appropriate heads; and all property mentioned in item (e) shall, together with its valuation, be entered in the personal property book of the county and in the tax district wherein such property is on the first day of the assessment year; the property mentioned in items (c), (d) and (e) shall constitute all the property on which any such corporation shall be liable to pay taxes. If a company has branches, each branch shall be assessed separately in the county and tax district where its principal office for transacting its financial concerns is located; or, if there be no such office, then in the tax district where its operations are carried on. All locks and dams of navigation companies shall be assessed and taxed as real estate in the county and tax district wherein they are situated; and in case such locks and dams are located on any creek or river which is the dividing line between counties, or the dividing line between tax districts of the same county, one half of the value thereof shall be assessed in each of such counties or tax districts, as the case may be, and when the property of an incorporated company is assessed as aforesaid, no individual shareholder therein shall be required to list or be assessed with his share, portion or interest in the capital stock of such corporation.

Bills Affecting §11-3-13

2003 Regular Session: HB3157
2003 Regular Session: HB3157
2003 Regular Session: HB3157
2004 Regular Session: HB3157
2004 Regular Session: HB3157
2004 Regular Session: HB3157
2004 Regular Session: SB23
2004 Regular Session: SB594
2004 Regular Session: SB594
2004 Regular Session: SB594
2005 1X: HB103
2005 1X: SB1004
2005 Regular Session: HB2445
2005 Regular Session: HB2445
2005 Regular Session: HB2445
2005 Regular Session: HB3295
2005 Regular Session: SB167
2005 Regular Session: SB188
2005 Regular Session: SB188
2005 Regular Session: SB188
2005 Regular Session: SB626
2006 Regular Session: HB2445
2006 Regular Session: HB2445
2006 Regular Session: HB2445
2006 Regular Session: HB3295
2006 Regular Session: HB4531
2006 Regular Session: HB4566
2006 Regular Session: HB4566
2006 Regular Session: HB4566
2006 Regular Session: SB117
2006 Regular Session: SB520
2006 Regular Session: SB520
2006 Regular Session: SB520
2007 Regular Session: HB3145
2007 Regular Session: SB455
2007 Regular Session: SB752
2008 Regular Session: HB4684
2008 Regular Session: SB117
2009 Regular Session: HB3179
2009 Regular Session: SB371
2009 Regular Session: SB610
2009 Regular Session: SB728
2009 Regular Session: SB755
2012 Regular Session: HB4088
2012 Regular Session: SB208
2014 Regular Session: HB4148
2014 Regular Session: SB328
2017 Regular Session: HB2816
2018 Regular Session: HB4144
2018 Regular Session: HB4541
2018 Regular Session: SB263
2019 Regular Session: HB2569
2019 Regular Session: HB2941
2020 Regular Session: HB2569
2020 Regular Session: HB2941
2020 Regular Session: HB4382
2020 Regular Session: HB4775
2021 Regular Session: HB2096
2021 Regular Session: HB2101
2021 Regular Session: SB445