(a) Every railroad company, foreign or domestic, doing business in this state and having any part of its real property situated wholly or in part in any fencing district formed in this state, whether it is formed under general or special law, shall be required to pay taxes for the benefit of any such district.
(b) The tax required in this section shall be assessed by the county court, which assessment shall be based upon the last assessment made by the Assessment Coordination Division, and each parcel of land or right-of-way owned by the railroad, and situated in any such district, shall be subject to the tax.
Structure Arkansas Code
Subtitle 24 - Fencing And Livestock Districts
Chapter 386 - Fencing Districts
Subchapter 1 - General Provisions
§ 14-386-102. Penalty for leaving gates open, etc. — Damages
§ 14-386-103. Penalty for stock running at large — Damages
§ 14-386-104. Establishment of fencing districts
§ 14-386-105. Appointment of fencing board, etc
§ 14-386-106. Appointment of collector and treasurer, etc
§ 14-386-107. Plans for building fence
§ 14-386-108. Openings and gates required
§ 14-386-109. No boundary fences for adjoining districts
§ 14-386-110. Removal of fence in adjoining districts
§ 14-386-111. Use of existing fences
§ 14-386-112. Navigable stream as lawful fence
§ 14-386-113. Assessment not required
§ 14-386-114. Railroads subject to tax
§ 14-386-115. Order of assessment
§ 14-386-116. Publication of order — Contest
§ 14-386-117. Delivery of assessment to collector
§ 14-386-118. Notice of assessment
§ 14-386-119. Proceedings upon nonpayment of assessment