When the mineral estate and the surface estate in land shall become vested in the same person, after a prior severance by deed or otherwise, the two (2) estates shall merge and be considered as a single interest or estate and shall be assessed and carried on the assessment books in the same manner as provided by law for interests or estates in land where the mineral interest has never been severed from the surface estate.
Structure Arkansas Code
Subtitle 3 - Administration of Local Taxes
Chapter 26 - Assessment of Taxes
Subchapter 11 - Assessment of Property Generally
§ 26-26-1101. Time to assess realty
§ 26-26-1104. Failure to list intangible personalty
§ 26-26-1111. Mineral and surface estates owned by same person
§ 26-26-1112. Separate records for severed mineral interests