HOME    SEARCH    ABOUT US    CONTACT US    HELP   
           
Prev Next

42.22.1306    VALUATION OF INDUSTRIAL PROPERTY OTHER THAN LAND

(1) All property other than land or industrial improvements to land shall be valued by trending the original installed cost to a current replacement cost, then depreciating on an age/life basis to compensate for ordinary physical deterioration and/or functional obsolescence.

(2) If adequate market data exist, the department may apply the approaches to valuation described in ARM 42.22.1309.

History: 15-1-201, MCA; IMP, 15-8-111, MCA; NEW, 1982 MAR p. 1270, Eff. 7/1/82; AMD, 2005 MAR p. 667, Eff. 4/29/05.

Home  |   Search  |   About Us  |   Contact Us  |   Help  |   Disclaimer  |   Privacy & Security