48-261.01. Assessed valuations; department of revenue; county assessor
59 words·~1 min read·
/az/title-48/48-261-01A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purposes of this article, the following apply:
1. For property that is assessed by the department of revenue, the assessed value is the full cash value as otherwise provided by law.
2. For property that is assessed by the county assessor, the assessed value is the limited property value unless otherwise provided by law for that property.